‘There’s no plan’: as instability in global bond markets rises, what are the knock-on effects? From mortgages to inflation, concerns about the public finances of major economies have wide-reaching consequences
Deadly escalation in Black Sea attacks prompts fears of even higher food prices Russian and Ukrainian strikes in July killed more crew than in whole war to that month, preventing grain exports
AI could cause global economic downturn, Bank of England governor tells G20 Andrew Bailey, in role as financial stability watchdog chief, warns advanced models risk destabilising system
‘If it’s made in the US, I don’t buy it’: Canadians on boycotting Trump’s America Avoiding US goods and services – from tech to whisky to air travel – has forced many to find a new way of living
Iran vows to retaliate against countries that cooperate with fresh US sanctions Test of US rhetoric will rest on whether nations such as India, China and Russia view economic threats as credible
Jumpy bond markets make it clear: Trump risks driving US into debt crisis Treasury secretary Scott Bessent’s attempt to calm bond markets is a sign of weakness not strength
‘The line’s running half-empty’: Llanwern steelworks feels the heat from cheap steel imports New quotas to protect UK firms and jobs appear to be having opposite effect in products such as galvanised steel
Is the US actually too chicken to take on China for trade? A weak yuan guarantees Beijing massive trade surplus even as the White House tries tamp down on Chinese imports
Governments’ borrowing costs hit further multi-decade highs as US-Iran peace hopes fade Bond yields in US, UK, Germany France and Japan rise after ceasefire ends and Trump threatens to bomb Oman
China’s economy showing signs that slowdown may be extending Industrial output and retail sales slump in July after one of the country’s weakest quarterly growth rates ever
Leading economies’ borrowing costs hit highest since 2008 crisis Concern over impact of Iran war pushes up government bond yields in US, UK, France, Germany and Japan
Panama canal fees soar due to Iran war and El Niño as ship ‘pays $4m to jump queue’ Falling water levels linked to weather system are expected to limit number of slots to transit shipping lane
Trump orders new 15% tariff on key material for solar panels and microchips Move to raise levy on goods made with polysilicon aims to protect domestic US supply chains from China, the major producer
‘Mamma mia!’: Trump tariffs refund ignites 53% profit spike at Nintendo Profit jump fuelled largely by unknown US refund amount as Japanese video game firm records quarterly sales drop
US refunds $100bn of Donald Trump’s ‘liberation day’ tariffs More than half of tariff income refunded after supreme court ruled Trump’s levies were illegal