MoneyWeek

“2022 is looking unhappily like 2000 for the [technology] industry”, say Scott Rosenberg and Sara Fischer on Axios. Last week $800bn was wiped off the valuations of the biggest American tech shares following mediocre third-quarter results. Google-own

Europe’s banks have had a miserable time since the financial crisis. The Euro Stoxx Banks index has lost 55% since January 2010, even as the equivalent S&P sub-index has gained 154% over the same period. But things are now looking up. “European banks

The Japanese yen has long been regarded “as a safe haven”, says Mariko Oi on BBC News. No longer. The currency has lost more than 20% of its value against the US dollar this year and on 20 October it hit ¥150 to the greenback, its weakest level in 32

“Brazil is the country of the future, and always will be” is a dictum most investors will have come across. Latin America’s biggest economy has had a turbulent half-century, with its vast potential repeatedly thwarted by poor economic management and

Suella Braverman’s description of the migrant crisis as an “invasion” was “unwelcome” and “unwise”, but her choice of language should not allow us to be “deflected from the central problem”, says Tom Harris in The Telegraph. Migrant numbers are soari

Britishvolt powers on for now: Battery start-up Britishvolt has averted collapse by securing funding from an unnamed investor to last it until early December, says the Financial Times. Its future had been thrown into doubt amid fears it would run out

It’s a legacy of the First World War that’s still with us a century on. The original idea for British Summer Time came from a well-connected Edwardian builder, William Willett. He argued – in a 1907 pamphlet called The Waste of Daylight – that moving

project-syndicate.org The UK is “surprisingly poor” (see bottom story), economically stagnant and in desperate need of growth-boosting reform, say John Cochrane and Jon Hartley. That is why the downfall of Liz Truss is so “tragic”. She was booted o

Brazilians reacted passionately to last Sunday’s election win for “Lula”. The supporters of Luiz Inácio Lula da Silva, the socialist candidate, took to the streets across Latin America’s largest economy to celebrate with red flags and convoys of hoot

Listed income funds have had a tough few months. With UK ten-year government bonds now yielding around 4% we’re seeing a massive repricing of risk. This has fed into the valuation models used by funds (they’re increasing their discount rates) and aff

For freelancers and small business owners irked by the government’s rapid about-turn on IR35 reforms, the chancellor’s volte-face on corporation tax may just be considered a consolation. With corporation tax rates now set to jump next April, the adva

With Russia limiting gas supplies to Europe to cause economic harm and destabilise opposition to its invasion of Ukraine, there is a scramble to find the fuel elsewhere. This means a bull market for companies that can reliably deliver it. The obvious

In May this year a Nasa scientist belonging to a sub-Extinction Rebellion movement called the Scientist Rebellion handcuffed himself to the door of a Chase bank branch in downtown Los Angeles to highlight Chase parent JPMorgan’s big role in financing

Baxters Farm, Fyfield, Lechlade, Gloucestershire. A renovated farmhouse dating from 1800 in grounds that include a lake and 400 yards of double-bank fishing on the River Leach. The house has 5 beds, 3 baths, 3 receps, garden room, study, outbuildings

When was the last time you picked up a hand of one colour? A long time ago, I bet. You could work out the chances on the back of an envelope. Your first card will be red with a probability of 1/2 (red or black); your second card will be red (given yo

American house sales declined by the most on record in September as mortgage rates surged and prospective buyers were pushed out of the market. Prices have declined. Middle-class Americans store much of their wealth in their homes. If house prices we