Developing nations face triple shock from energy crisis, El Niño and borrowing costs, UN warns
UN’s development arm calls for urgent action as crises could ‘throw tens if not hundreds of millions back into poverty’Developing countries face a triple shock from the energy crisis, El Niño and surging borrowing costs and need urgent support from the…
France’s dilemma: protesters demand spending as markets require fiscal restraint
Waves of protests expose debt crisis faced by French government, but political wrangling is stalling an escape plan. Is there a way out?Eight years have passed since rising fuel prices brought the gilets jaunes (yellow vest) demonstrators to the streets…
Beware rightwing economic myths such as ‘maxing out the nation’s credit card’ | Letters
Readers respond to an article in which Larry Elliott argues that Andy Burnham must challenge neoliberal nostrumsLarry Elliott’s column on the rightwing economic myths constraining Andy Burnham’s government should be required reading before John Healey’s…
Tories plan to extend cuts beyond £47bn previously pledged, leak reveals
Exclusive: Shadow chancellor Andrew Griffith told party members last year he had discussed making further savings if they win next electionThe Conservatives are planning to make sweeping cuts beyond the £47bn announced last year if they win the next…
John Maynard Keynes: the cultured economist who governments turn to in a crisis
A new play about the art-loving Bloomsbury Group member speaks of the enduring battle of ideas with his free-market rival Friedrich HayekThe sound of guns from the advancing German armies could be heard clearly by John Maynard Keynes as his train…
There is a way to look after people, the planet – and Britain’s growth. It’s what we call the ‘wellbeing economy’ | Jamie Driscoll
Imagine the UK with a 20-year investment plan, with green homes and fast transport. We already have the tools to make it happenYou’ve just left school. What’s your future?I know a physics graduate making flat whites; a 30-year-old living in his childhood…
Rightwing economic myths could derail Burnham’s project – to destroy them, look to Keynes | Larry Elliott
Borrowing can be good, there is no such thing as the ‘nation’s credit card’, and, yes, you can buck the markets – as previous governments have shownAndy Burnham does a nice line in nostalgia. His first party conference speech as prime minister was full…
The Standard of Living review – Rory Kinnear has bags of charm as Bloomsbury economist Keynes
Theatre Royal Haymarket, LondonJames Graham’s high-wire writing brings economic theory to life and connects it with art and fulfilment in this polished, ravishingly staged story of John Maynard KeynesNot everyone will know that the Bloomsbury group had a…
The Guardian view on Trump and Xi: a show of friendship, but no real attempt to address the tensions | Editorial
The Chinese leader’s visit to Washington appears to have done nothing to shift the stalemate in bilateral relations Within days, two high-profile Chinese visitors will arrive in the US – envoys of friendship, as Xi Jinping described them when he met…
Oil price rise creates more pressure on UK policymakers before budget
Treasury sources concede ‘less room’ for manoeuvre as global bond selloff also hikes government’s borrowing costsInternational bodies warn of rising debt and borrowing risksBurnham stands by claim UK is ‘in hock’ to bond marketsOil prices lurched upwards…