Corporate profits drove up prices last year, says ECB president Christine Lagarde says without a shift in corporate behaviour, interest rates will need to stay higher for longer
Governments advised to cut public spending or raise taxes to curb inflation Bank of International Settlements warns that economies, such as in the UK, need policies to cool price growth
The Guardian view on Macron’s green finance deal: save lives, not profits Editorial: The Paris conference shows the climate crisis is no time for the tranquillising drug of gradualism
World Bank offers developing countries debt pauses if hit by climate crisis Move at Paris summit on global finance will only apply to repayments on new loans
Are debt-for-nature swaps the way forward for conservation? Agreements to reduce developing countries’ debt burden in exchange for spending on nature will be on the agenda at a finance summit in Paris this week
Paris talks to focus on funding poor countries to tackle climate crisis World leaders will meet next week to discuss climate finance, green growth, debt and private investment
Money, Money, Money: the singers lifting economies with their vocals From Beyoncé to BTS, the star power of popular music artists is helping to revive pandemic-hit countries
The west has broken its promises to developing countries – and we’re all paying the price A summit in Paris this month offers a way to tackle this disastrous failure, but only if western leaders bother to turn up, says the Guardian’s economics editor, Larry Elliott
Eurozone sinks into recession as cost of living crisis takes toll GDP shrank 0.1% in first quarter of 2023 and final three months of 2022 after revisions to earlier estimates
Jeremy Hunt expresses concern about cost of living crisis after OECD forecast Chancellor responds to news UK likely to avoid recession but will have one of highest inflation rates among G20
Poorest countries are biggest losers from economic shocks, says World Bank Combined impact of Covid crisis, Ukraine war and tough measures by central banks taking heavy toll
German economy in recession after high prices take toll, revised figures reveal Updated data shows economy went into reverse in first quarter with GDP falling by 0.3%
Sunak to urge G7 support for collective action against ‘economic coercion’ Leaders expected to form council that will discuss response if states such as Russia and China boycott trade for political reasons
The US debt ceiling crisis is more proof of Republicans’ cynicism and bad faith Republicans want to force spending cuts by threat instead of legislating – and the cuts they’re asking for are appalling
European economy expected to grow faster than forecast, says EU Revised outlook for 2023 and 2024 puts average growth for 27-member bloc at 1%