Russia’s central bank to hold extraordinary meeting after rouble falls to 16-month low

Bank will discuss interest rate after high spending on war in Ukraine and drop in export revenues put further pressure on Russia’s economy

In previous downturns the world turned to China as an engine of growth – this time that driver may not be there

What might Chinese deflation mean for interest rates, commodity prices and even EV exports outside China?

Western economies must adopt industrial strategies, boost R&D and exploit new tech to prosper – Americans realise this better than Europeans

US Fed will also have to raise rates more aggressively than forecast, says Washington-based body

Make UK report says post-Brexit structural shift in trade is particularly hurting factories in north-west and West Midlands

Russia’s end to Ukrainian grain export deal set to benefit local farmers during their fourth consecutive year of healthy harvests

Moscow criticised as concern grows about impact of climbing agricultural commodity prices on poorer countries

Estimated 25 low-income countries spent more than 20% of their revenues on debt servicing last year

International Energy Agency still expects a record high this year, but for growth to be lower than thought

‘Not too early to start chilling the champagne,’ says one analyst as traders toast drop in consumer inflation

Governments focus on the climate when they have few other economic worries. That can no longer be the case

Government pledges to expose ‘rip-off’ fuel retailers, after inquiry finds declining competition between retailers led to higher prices at the pumps

Christine Lagarde says without a shift in corporate behaviour, interest rates will need to stay higher for longer

Bank of International Settlements warns that economies, such as in the UK, need policies to cool price growth

Editorial: The Paris conference shows the climate crisis is no time for the tranquillising drug of gradualism