Economy

Can Putin afford peace?

The end of the war could also mean the end of Russia’s economic illusion.

Latest in Economy

How the US president’s assault on prosperity is transforming the world.

By Will Dunn

The president’s tariff regime is driving the world to the brink of a trade war.

By Will Dunn

The world is facing the highest trade barriers since 1909.

By Will Dunn

Labour should argue for defence spending to be ringfenced outside the normal fiscal rules.

By John McTernan

The new age of tariffs could reshape America and the global economy.

By Duncan Weldon

Levies on the US’s biggest trading partners could mean average American incomes are hit by $400 a year.

By Ben Walker

Britain is vulnerable – but there are reasons for cautious optimism.

By Will Dunn