Finance & economics

Top of the charts

Which economy did best in 2024?

We rank countries on five measures

Remedial classes required

Are adults forgetting how to read?

A survey by the OECD suggests a worrying decline in literacy

Dream, baby, dream

How much oil can Trump pump?

The president-elect wants to be the ultimate energy baron

Buttonwood

The hidden cost of Chinese loans

Governments that borrow from China must pay more to borrow from others

Another hand

Xi Jinping’s campaign against gambling is a failure

Chinese citizens go to great lengths to bet

Hitting the jackpot

How sports gambling became ubiquitous

Europe is at the centre of the industry’s growth

Free exchange

Cronyism is a problem. But not always an economic one

Research on the topic is surprisingly nuanced

Maladie chronique

France is not alone in its fiscal woes

Deficits look worryingly wide across Europe

Pepped up

MAGA types have a point on debanking

A booming compliance industry is causing problems

Blow-for-blow

How China will strike back at Trump

Xi Jinping has set out his tariff red lines. What if America crosses them?

Rouble worries

Russia’s plunging currency spells trouble for its war effort

Supplies from China are about to become more expensive

Buttonwood

The great-man theory of Wall Street

Why finance is still dominated by bold individuals