Traders outside the New York Stock Exchange. Global markets plunged again on Monday. Photograph: Lucas Jackson/Reuters

A tumultuous fall in Chinese equities dubbed “Black Monday” by Xinhua, the official state news agency, triggered a ferocious sell-off in international(...)

‘Merkel, for her part, used Schäuble’s exit plan as a bargaining tool, certain that Tsipras would eventually cave in and get rid of Varoufakis.’ Above,  Wolfgang Schäuble, in Dublin last year. Photograph: Cyril Byrne / The Irish Times

Now the dust has temporarily settled over the ruins of Greece’s economy, it is worth asking if there wasn’t a brief moment when the actors had found a(...)

President of Goldman Sachs,  Gary  Cohn,  at Davos: “What I am concerned about is the ability of the US to raise rates with what’s going on with the rest of the world.”  Photograph: Bloomberg

Wall Street executives said the US Federal Reserve’s ability to raise interest rates will be restrained by weak economic growth abroad and slow inflat(...)

European Commissioner for Economic Affairs Pierre Moscovici: doing his best to keep out of the limelight. Photograph: Eric Piermont/AFP/Getty Images

There was no shortage of conversation-starters in Davos yesterday – “quantitative easing” was the magic phrase on everyone’s lips as they awaited news(...)

Swiss special police officers atop the roof of the Davos Congress Hotel.   Photograph: Reuters/Ruben Sprich
Planet Business

In numbers: Welcome to Davos -6 Temperature in degrees Celsius in Davos, Switzerland, as the World Economic Forum (WEF) began on Wednesday, setting t(...)

British chancellor George Osborne, in Davos, welcomed the quantitative easing announcement but said it was not sufficient for a European recovery. Photograph: Chris Ratcliffe/Bloomberg

The stimulus package announced by the ECB should have several beneficial effects for Ireland, according to Government sources. The expected weakening (...)

The Taoiseach, Enda Kenny, has said he would “like to think” the European Central Bank could be independent of pressure from euro zone member states w(...)

Good example: Khadija Niazi at Davos – the 12-year-old from Pakistan became the youngest person ever to complete Udacity’s online physics course, passing with highest distinction

By the year 2020, one-third of all graduates worldwide will be from China and India, according to Emma Birchall, head researcher at the UK-based Futur(...)

German finance minister Wolfgang Schauble: dismissed suggestions Berlin had come under pressure to shift its economic course as “spin doctoring”.

German finance minister Wolfgang Schauble put on a brave face at the end of IMF meetings in Washington this weekend, dismissing suggestions Berlin ha(...)

While rising house prices might make us feel more financially secure, for the most part this seeming rise in wealth has zero impact on the economy as a whole.

Economics is full of paradox and stuff that many of us find counter-intuitive. House prices are a prime example. An individual will always and (...)