John Rapley

With peace apparently taking hold in the Middle East, at least for now, it was reported this morning that the world oil price has fallen back down to the level it stood before the war. That’s good news for the global economy. Admittedly, that good news may not quite extend to Donald Trump. With Congressional [...]Read More...

After gold’s decades-long bull run — a gentle rise which then turned sharply skywards during the pandemic — the precious metal peaked above $5,000 an ounce earlier this year. But now that high has come crashing back down. Yesterday, it was reported that gold was heading for its worst quarterly performance in almost a decade [...]Read More...

Many national teams have closed the gap with the elites, revealing a form of globalization that works

Military modernization is long overdue, but assessing the economic benefits isn’t so straightforward

At the beginning of June, the Nasdaq hit a record high, climbing above 27,000. A week later, after several days of profit-taking, it got another boost when SpaceX launched its IPO. Since then, the Nasdaq, widely regarded as a bellwether for the US technology sector, has traded sideways. More significantly, most of the Magnificent Seven [...]Read More...

Oil’s relative weight in the world economy diminishes with each passing year

At first glance, the new Prime Minister's choice of Miatta Fahnbulleh as energy secretary would appear to suggest more of the same: more Net Zero, less oil and gas.

With midterm elections approaching, the levies aren’t popular with American voters

Global student-led movements share a common cause: the growing precarity of young university graduates

Will Donald Trump’s decision to sell priority access to his social media posts become his Infantino moment? FIFA president Gianni Infantino, fresh off a successful World Cup that swelled the federation’s coffers, no doubt felt he could do no wrong. But it appeared that a month spent swanning around with celebrities and sitting in the [...]Read More...