Global Economy

The global economy is entering a recession because recent unprecedented government spending has zombified hugely indebted economies and has crowded out the private sector.

Beijing must be very happy. Thanks to the "price cap," the Asian giant will secure a long-term supply at al attractive price from Russia and sell refined products globally at higher margins.

The woes of Britain's financial sector have been exacerbated by UK financial regulators' failures.

The standard line from progressives is that free markets usually fail in developing countries. The economic numbers tell a much different story.

The woes of Britain's financial sector have been exacerbated by UK financial regulators' failures.

The standard line from progressives is that free markets usually fail in developing countries. The economic numbers tell a much different story.

Tho Bishop and Ryan McMaken break down the results of this year's midterms.

Pakistan, like so many other countries, is seeing inflation close to spiraling out of control. As for finding causes, monetary authorities should look in the mirror.

Pakistan, like so many other countries, is seeing inflation close to spiraling out of control. As for finding causes, monetary authorities should look in the mirror.

Even with near-record inflation, the US dollar still has gained strength relative to other currencies. This does not mean that the Fed has been acting responsibly.