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Trump Accounts: Will the new savings scheme for American children succeed?
Posted onWhile the White House has been keen to push the scheme, reaction to it has been split. The White House’s argument is that Trump Accounts offer millions of children a way into stock ownership in the US, which it says has historically been “unevenly distributed, with many households – especially younger and lower‑income families –…
Chancellor blames Brexit deal for long-term damage to economy
Posted onRachel Reeves chose to stress the long-term damage done to the UK economy by the 2020 Brexit deal, in her remarks at a key international economic committee at the International Monetary Fund (IMF). In remarks published this weekend, the chancellor told the world’s leading finance ministers and central bankers: “The UK’s productivity challenge has been…
EU reaches South America trade deal after 25 years of talks
Posted onThe EU has reached a free trade agreement with Brazil, Argentina, Paraguay and Uruguay, 25 years after talks began and despite opposition from farmers in several European countries. The deal with the Mercosur trading bloc will require the approval of the European parliament within the next few months Brazil’s President Luiz Inacio Lula da Silva…
