International Monetary Fund managing director Christine Lagarde warned that the economic impact of US import tariffs would be serious if other countries respond with their own barriers. Photograph: Reuters

The European Union warned US president Donald Trump of a “firm” response should he trigger tariffs on foreign steel and aluminium, highlighting the pr(...)

Leo Varadkar and Justin Trudeau. “If there are lessons from other countries I would take a glance at Canada. Another country where inequality is relatively low and where immigrants are welcomed with open arms.”

What kind of economy do we want? Boston or Berlin? Ireland is often asked that question when thinking about strategic economic – and social – directio(...)

Christine Lagarde, managing director of the International Monetary Fund (IMF) speaking at  the World Government Summit in Dubai on Sunday. Photograph: Christopher Pike/Reuters

Financial reforms are needed to avoid the next big crisis, the head of the International Monetary Fund has warned, though the recent sharp swings on (...)

Mario Draghi, president of the European Central Bank argued last week that it’s still too early to unwind stimulus, saying “we’re not there yet”. Photograph: Alex Kraus/Bloomberg

The euro-area economy finished off last year with another quarter of robust growth, and confidence among businesses and households suggests there’s no(...)

Davos: home to 3,000 delegates and journalists for four days. Photograph: Jason Alden/Bloomberg

For global business and political leaders gathered for the 48th World Economic Forum annual meeting in Davos, the hassle of getting to Europe’s highes(...)

Mining cryptocurrencies is consuming as much electricity as a G20 economy, IMF  managing director Christine Lagarde has said in Davos. Photograph: Denis Balibouse/Reuters

The risk that cryptocurrencies can be used by criminals means Britain and other governments should be looking at them “very seriously”, British prime (...)

Steven Mnuchin, the US treasury secretary, walks through the snow during at Davos. Mr Mnuchin said he isn’t concerned about short-term fluctuations in the dollar, a day after he suggested a weaker US currency would help trade. Photograph: Markus Schreiber / AP Photo

US treasury secretary Steven Mnuchin has been forced to quell speculation that a currency war could be on the horizon, after his comments on Wednesday(...)

IMF managing director Christine Lagarde called for tax and labour-market reforms to narrow the income gap between young people and older people. Photograph: Bloomberg

The International Monetary Fund’s managing director, Christine Lagarde, signalled on Wednesday she would be in favour of wealth taxes being used to he(...)

The annual World Economic Forum in Davos appears in many ways an increasingly anachronistic gathering. In a world where so-called elites – whether in (...)

Tete-a-tete: Donald Trump, Emmanuel Macron and Angela Merkel at the G20 summit in Hamburg last year. They are all due to make speeches in Davos this week. Photograph: Thomas Lohnes/Getty

A year ago, as the world was coming to terms with the idea of Donald Trump as president of the United States, Xi Jinping took to the stage at the Worl(...)

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