The single currency's design isn't perfect. But what's really hampered its first 20 years, says Adam Tooze, are decisions freely taken by power-hungry men in Frankfurt

Trade wars do enough harm but the Sino-US dispute continues to escalate

The world must hope that China won’t run the world economy in the same way as the west

The price of the cryptocurrency has plummeted—and the regulators are growing ever more hostile

When Britain crashed out of the ERM 25 years ago it left a toxic trail

And this slump is not stimulating growth—meaning Brexiteers don’t have a leg to stand on

It is tied to May’s Brexit game plan