Premium chocolatiers thrive as consumers develop taste for luxury
High-end brands shrug off volatile cocoa prices to enjoy a boom in demand as buyers ‘trade up’
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Labour must focus on risk to global financial stability posed by Trump policies, not only trade | Heather Stewart
As Rachel Reeves heads to US for IMF meetings, stance appears unaltered despite chaos unleashed by White House
Keir Starmer and Rachel Reeves have underlined how much the world has changed after Donald Trump’s “liberation day”, with the UK prime minister even declaring an end to globalisation.
But as the chancellor prepares to fly to Washington this week to meet her global counterparts at the International Monetary Fund meetings, Labour appears to see the risks purely in terms of the hit to international trade.
Another crisis, another IMF summit: but unlike 2008, the delegates are disunited
Where once the world came together to fight the credit crunch, Trump’s tariffs will set a more divisive test
When the world’s finance ministers and central bank governors gather at the International Monetary Fund in Washington this week, it may kindle memories of another meeting, also held against the backdrop of a global economic crisis, in autumn 2008.
Then, as the aftershocks from the collapse of Lehman Brothers ripped through financial markets, central banks coordinated drastic emergency rate cuts, and the UK chancellor, Alistair Darling, urged his G7 counterparts to emulate the UK’s approach and shore up stricken banks.
DHL suspends high value US deliveries over tariffs
The postal giant will stop shipping packages to American consumers after a rise in red tape at customs.
China’s rare earths controls prompt fears of auto shortages and shutdowns
Traders and executives warn of limited inventories and a risk of disruption to automotive production