Finance & economics
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Not so civil anymore
How free-market economics reshaped legal systems the world over
Friedrich Hayek’s followers promised growth. They may have overpromised
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Buttonwood
Why it is time to retire Dr Copper
The red metal no longer tells investors much about the global economy
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Crypto’s future
Will Binance come over to the light side?
With FTX crushed, CZ must decide whether to go along with regulation
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War by other means
Israel turns to financial weapons as well as military ones
It is going after Hamas on all fronts
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Peak disappointment
China’s economy may be growing faster, but big problems remain
None is more unnerving than the threat of deflation
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Nasty headache
China’s banks may be loaded up with hidden bad loans
The industry’s covid-era hangover could be about to intensify
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Financial diplomacy
Can Egypt be persuaded to accept Gazan refugees?
The country’s economic vulnerability offers leverage
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Free exchange
To beat populists, sensible policymakers must up their game
Weak economic growth is dangerous, as a wave of elections next year may show
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Buttonwood
Investors should treat analysis of bond yields with caution
The exercise is more like reading tea leaves than scientific endeavour
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Bills, bills, bills
Retail investors have a surprising new favourite: Treasury bills
Banks face a fresh form of competition
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Floating and sinking
Corporate America faces a trillion-dollar debt reckoning
With interest rates set to stay higher for longer, who will bear the brunt?