Sherelle Jacobs

Peston’s analysis of Trump's T-bond/debt trap is largely correct here but the rest is misleading sensationalism. The dollar’s dominance and status of US Treasury bonds as a safe haven in times of crisis has certainly not collapsed – and to suggest that this has been permanently

Robert Peston @Peston

We just learned that the world’s most powerful person, Donald Trump, has a boss: the bond market. He may not have acknowledged this to himself, yet, but the global financial tumult he caused - and has temporarily eased - has locked him in a fiscal prison. Because, as I have

Slightly surprised by the consensus forming that China will *definitely not blink first* in the showdown with Trump. Sure, Washington might be overplaying its hand by thinking that it can win a battle of resolve with an authoritarian state as the midterms lurk around the corner.

Make no mistake, Trump’s tariff war poses an existential threat to the EU project. Until now, America has looked the other way as the EU has risen into a regulatory superpower courtesy of the ‘Brussels Effect’ (its capacity to unilaterally shape global standards and regulations

It is vital that we try to understand the epochal shift that underlies American tariffs. Put simply, the world superpower is imprisoned in a gilded cage, from which it is now seeking to escape. Namely, America is trying to break out of the trap of dollar hegemony. Dollar hegemony

It is tempting to mock the Trump administration for exuberantly dubbing this ‘Liberation Day’. However, we are in danger of overlooking the crucial fact that while Washington’s means are protectionist, the ends are essentially libertarian. Put simply, Trump is trying to beat

The very idea that Starmer’s trade deal with the US might be in any way imperilled by a free speech row is highly significant. Among other things, the ongoing ‘post-neoliberal’ paradigm shift seems to entail a radical revision of the Western concept of freedom. History never

As the dust settles with regards to the Spring Statement and we head into the weekend, a couple of closing thoughts: 1) The ‘swingeing spending cuts’ story isn’t quite what it seems. Labour are suggesting that they will front load various spending increases, but promising that

Rachel Reeves' strategic decision to blame economic turmoil and spending cuts on Donald Trump is a humongous blunder. Technocratic fatalism – a spectre that has been haunting Britain since the 2008 crash – is fertile ground for Reform. Many Labour MPs are extremely tetchy about

Today is a big day in geopolitics, with Trump and Putin engaging in talks about a potential ceasefire in Ukraine. But what precisely is Trump playing at on the global stage? Let's try and break it down.... https://t.co/DVo6zOzHsV

There is a “narrative” emerging that Rachel Reeves is uniquely incompetent. Not quite. She is merely the latest proficient yet pliant technocrat to be duped by a pathological Whitehall system that is running the British economy into the ground👇🏾 https://t.co/fMTwJWHeXV