Omar Hassan

Back-of-the-envelope calculations by Citigroup, a bank, suggest tariffs that high could cut 2.4 percentage points off China’s growth rate, if the government did nothing to cushion the blow.

In developing Asia it makes up a third of consumption, compared with 9% in America.

Deindustrial economies are not more efficient. They are merely importing other people’s efficiency and exporting their own purchasing power.

In Sweden investment savings accounts (which are easy to use and lightly taxed) have produced a booming retail-investing scene. As a result, the country has become a hotspot for initial public offerings. In the past decade it enjoyed more listings than France, Germany, Spain and the Netherlands combined.