Gold hits new record, crosses $3,500

Developing countries are moving out of dollar debts and turning to currencies with rock bottom interest rates such as the Chinese renminbi and Swiss franc.

A federal appeals court has ruled that most of Donald Trump`s tariffs are an overreach of his use of emergency powers as president.

If Donald Trump really wanted to drive India’s oil imports from Russia down to zero, the consequences might not be what the US president intended. Trump has threatened to impose an additional 25 per cent tariff on Indian goods from Wednesday over the country’s purchases of Russian oil. That would increase total tariffs to 50 per cent.

The world’s leading central bankers have cautioned that advanced economies risk stalling growth and rising inflation unless they attract more foreign workers to counter the effects of ageing populations.

It was at an 18th century Georgian manor house outside London that Japanese lawmaker Rui Matsukawa began to have serious doubts about America’s commitment to defending her country.