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US Risks Fiscal Crisis After Soaring Borrowing, Blanchard Warns

US Risks Fiscal Crisis After Soaring Borrowing, Blanchard Warns
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United kingdomUnited statesOlivier blanchardDonald trumpJoe bidenPeterson institute for international economicsHouse of lords economic affairs committeeCongressional budget officeInternational monetary fundPeterson instituteLords economic affairs committeePresident joe bidenCongressional budget

Europe's green taxes risk destroying jobs and industry, Sir Jim Ratcliffe warns

Europe’s green taxes are driving away investment and risk destroying its €1 trillion (£860m) chemicals industry, Sir Jim Ratcliffe has warned.

United kingdomUnited statesNorth seaOceans generalBruxelles capitaleBoris johnsonJim ratcliffeOlivier blanchardEuropean union jose manuel barrosoLords economic affairs committee onOxford universityIneos groupInternational monetary fundSir jim ratcliffeSir jimMiddle east

Net zero will be far more expensive than public thinks, Lords warned

Net zero will be far more expensive than the public has so far been led to believe, top economists have warned the Lords Economic Affairs Committee.

United kingdomUnited statesCharles goodhartOlivier blanchardBoris johnsonLords economic affairs committeeOxford universityOffice for budget responsibilityPeterson institute for international economicsEngland monetary policy committeeInternational monetary fundLords economic affairsPeterson instituteInternational economicsBudget responsibilitySir dieter helm

Government debt of $26 trillion sends U.S. on dire trajectory

Warnings come after sharp increases during the past two administrations.

United statesUnited kingdomJoe bidenDonald trumpInternational monetary fundHouse of lords economic affairs committeeCongressional budget officeLords economic affairs committeePresident joe bidenCongressional budget

UK set to have slipped into recession at end of 2023

Official data is predicted to reveal that the UK economy contracted for the second quarter in a row in the final three months of last year.

United kingdomAndrew baileyNational insurance contributionsHouse of lords economic affairs committeeOffice for national statisticsMonetary policyNational statisticsPrime minister rishi sunakMarch budgetLords economic affairs committeeFebruary monetary policy reportPantheon macroeconomics

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