Celsius founder Alex Mashinsky sentenced to 12 years in prison
Prosecutors described founder of cryptocurrency lender as a ‘fraudster of epic proportions’
UK
Milken mission: Trump dispatches Bessent to calm the financial elite
US Treasury secretary’s message in Beverly Hills got a mixed review from investors
Keep calm and carry on buying: how Ukrainian consumers are hitting back at Russia
Political conflicts and global tensions always affect people on the ground and across borders. Unable to influence events such as the ongoing war against Ukraine or proposed sweeping US tariffs, people turn to whatever resources are available for defending their livelihoods, institutions and communities.
Donald Trump has reduced tariffs on British metals and cars, but how important is this trade deal? Experts react
The US president called it a “very big deal”. The UK prime minister said it was “fantastic, historic” day. For sure, Keir Starmer and his team will have been delighted that the UK was first in line to negotiate adjustments to Donald Trump’s sweeping tariffs announced on “liberation day” just a few weeks ago. But what might the trade deal between the UK and US actually mean? We asked four economic experts to respond to the Oval Office announcement.
Wins for the UK are real, but limited
Mass starvation of chickens at state-backed South African farm sparks uproar
Parliament to summon government-run pension fund manager after starving birds resorted to cannibalism
Coinbase agrees to buy Deribit for $2.9bn in digital market’s biggest deal
Crypto industry prepares for expected wave of demand from banks and asset managers
UK regulator to ditch Northern Rock-inspired limits on building societies
BoE to scrap limits on lending and treasury activities introduced after the 2008 financial crisis
Chinese research isn’t taken as seriously as papers from elsewhere – my new study
My new research suggests there is a stubborn pattern in academic publishing. My co-author and I examined some 8,000 articles published in the world’s most reputable economics journals to study citations, which are where academics cite previously published research in their papers. We found papers whose lead author had a Chinese surname received on average 14% fewer citations than comparable papers written by those with a non-Chinese name.
Trump announces trade deal with UK
US president promises ‘breakthrough’ pact will be first of many as he signals optimism on China talks
Carlyle earnings signal private equity group is returning to growth
Chief Harvey Schwartz expresses optimism US Federal Reserve can act quickly to cut rates if needed
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