Catalan crisis could have cost Spain as much as €17bn in lost economic growth

Oxford economists’ worst-case scenario assumes a permanent increase in bond yields of 50 basis points and a 10% decline in stocks in 2018 and 2019

Ireland hopeful of Brexit progress

Irish minister calls on UK to make further concessions to allow Brexit talks to move to trade

‘Butcher of Bosnia’ jailed for life in genocide trial

Tribunal judges say ruthless Bosnian Serb forces directed by former commander Ratko Mladic carried out crimes ‘among the most heinous known to ...

Tax-fraud convicted, sex-party holding Silvio Berlusconi wants to lead Italy again

Lawyers for the convicted former Italian prime minister are arguing at the European Court of Human Rights against his ban from holding public office

Turkey’s Erdogan takes on financial markets again. And may lose, again

The Turkish president triggered a slump in lira assets this week by criticising conventional central banking, wanting to cut interest rates rather than raise ...

Janet Yellen warns against the dangers of a ‘boom-bust policy’

The outgoing Fed chief says the central bank is reasonably close to its goals and should gradually raise interest rates to keep inflation and unemployment from ...

German crisis hampers eurozone integration

Eurozone leaders are to set a direction for more eurozone economic integration at a summit in December, at which Germany’s input is crucial

Putin hosts Assad ahead of Syrian talks with Turkey and Iran

As open-war phase in the Syria conflict winds down the question of a political solution has become more pressing, says analyst

Turkish reporter jailed for tweet about death of a prosecutor

Turkish prosecutors are also seeking up to 43 years in jail for other staff of the opposition newspaper Cumhuriyet

Russian billionaire betting on battery metals for EVs — and palladium for petrol

Vladimir Potanin’s Nornickel controls 40% of the world market for palladium, and while electric vehicles mean demand for nickel and cobalt, ‘it ...

German political crisis weighs on euro and European equities

The Turkish lira has plumbed a record low, hit by tension with the US and government pressure on the central bank

Collapse of Merkel’s three-way coalition talks ‘bad news for Europe’

Influential Germany without a government nor mandate threatens Europe’s stability, says Dutch foreign minister

UK ship insurer North plans to start EU subsidiary in Ireland amid Brexit fears

Losing access to specialist Protection and Indemnity clubs such as North could weaken other parts of the UK’s multibillion-pound shipping services ...

Ban on LGBTI events is to ‘maintain public order’, say Turkish authorities

The ban has fuelled concern among LGBTI activists in Turkey that their right to freedom of expression is being curtailed under President Recep Tayyip Erdogan

Crisis for Germany as Angela Merkel’s coalition talks collapse

The pro-business Free Democrats unexpectedly pulled out of more than four weeks of negotiations with Merkel’s conservative bloc and the Greens, citing ...

Philip Hammond vows construction of more UK homes

Britain’s finance minister promises to build 300,000 homes a year

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Published by Tiso Blackstar and distributed with the Financial Mail on the last Thursday of every month except December and January.