The Guardian view on the IMF: a global institution in an age of protection | Editorial

After the most difficult decade in its history, life should be looking up for the International Monetary Fund as it hosts the world’s finance ministers and central bankers in Washington DC this week. The global economy is at last picking up speed....

The Guardian view on the aid target: it’s the fraction that counts | Editorial

One of the real achievements of the coalition government was setting and reaching the target of spending 0.7% of GDP on development aid. UK aid spending has played a significant role in halving the number of people living in extreme poverty and delivering the great...

Hedge fund assets reach new high of $3.1 trillion as positive returns trump outflows

Hedge fund assets hit a record at the end of the first quarter as positive returns overcame investor redemptions.”Hedge fund capital increased to an impressive third consecutive quarterly record, extending the recent growth trajectory and following the most...

Commerce Secretary Ross: Demand for steel will jump if US gets into ‘major conflict’

Commerce Secretary Wilbur Ross told CNBC on Thursday that President Donald Trump’s plans for defense spending will require increased American steel production, while he called other steel-producing countries more “protectionist” than the U.S....