Paul Hannon
Wall Street Journal
United Kingdom
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Past articles by Paul:
Germany Is Dragging Down Europe’s Economy
A mixture of short-term and structural problems are undermining the country’s old playbook as a manufacturing powerhouse. → Read More
World’s Biggest Offshore Center Backs Effort to Fight Corporate-Tax Avoidance
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. → Read More
Why Inflation Around the World Just Won’t Go Away
Across affluent countries, central bankers are sharply lifting inflation forecasts and warning investors that interest rates will stay high for some time. → Read More
Inflation Drags Eurozone Economy Into Recession
High energy and food prices following Russia’s invasion of Ukraine hit household spending in Europe. → Read More
Germany Enters Recession in Blow to Europe’s Economy
The world’s fourth-largest economy shrunk for a second consecutive quarter as households cut their spending, which could prompt greater caution by the European Central Bank. → Read More
It Just Had an Energy Crisis, Now Europe Faces a Food Shock
Inflation as a whole is falling, but food prices are rocketing, forcing consumers to tighten their belts and presenting a new policy challenge for governments still reeling from a spending spree to support households through the pandemic and an energy crisis. → Read More
Government u-turns on tax cuts for highest earners
Plan had spooked markets and drawn intense political pressure → Read More
Global Tax Talks Hit Another Delay
Efforts to deliver the most significant changes to global tax rules in a century will face fresh delays after negotiators said it would take longer than planned to reach a formal agreement on how countries with large consumer markets collect more corporate tax revenue. → Read More
Boris Johnson’s Successor Will Face Challenges With Post-Brexit Turmoil, Inflation, Energy
Brexit has been a chronic drag on British growth, compounding the pain of inflation that is the highest among the G-7 economies → Read More
Ukraine War Hits Germany With First Trade Deficit in Over Three Decades
The fallout from Russia’s war in Ukraine sent Germany’s import bill for energy sharply higher, but its deficit with China also widened. → Read More
Cooling Demand for Goods Threatens to Turn Pandemic Boom Into Bust
Surveys of manufacturers told a similar story whether the factory was in South Korea, Italy or the U.S.: Output is falling or is rising at a slower pace, driven by declines in new orders, and particularly those from overseas buyers. → Read More
Global Tax Deal Faces Roadblocks From Hungary, Congress
U.S. and EU officials are trying to inject fresh momentum into the stalled push for a minimum corporate rate. → Read More
U.S., European Economies Slow Sharply as Recession Risks Grow
Business surveys point to declining U.S. and eurozone manufacturing output and weaker services growth as price rises hit households. → Read More
Global Minimum Tax Suffers Fresh Setback as EU Fails to Agree on Implementation
Hungary vetoed a European Union agreement to implement the minimum tax rate on company profits, which is also stalled in the U.S. → Read More
Sanctions So Far Fail to Dent Russia’s War Effort
Russia’s successful efforts to stabilize its economy and its ability to keep oil and gas flowing overseas have cushioned the blow of sanctions for Moscow. → Read More
Bank of England Raises Rates for Fifth Time to Tame Inflation
The Bank of England raised its key interest rate by a quarter percentage point for the fifth consecutive time, but said larger moves may be needed to tame inflation. → Read More
U.K. Economy Shrinks for Second Month as Outlook Dims
The economy contracted again in April, as surging inflation weakened consumer spending, and programs designed to contain the spread of Covid-19 were wound down. → Read More
Russia Cuts Key Interest Rate to Pre-Invasion Level as Impact of Sanctions Wanes
The central bank said inflation has started to fall back from a post-invasion surge sooner than it had expected, thanks in large part to the ruble’s rebound. → Read More
Ukraine War, Higher Interest Rates Prompt Businesses to Dial Back Overseas Investment
Overseas investment by businesses around the world is set to fall this year, the United Nations said, adding to signs that globalization is on the retreat after decades spent moving toward an increasingly integrated global economy. → Read More
Russian Invasion Expected to Keep Inflation High in Rich Countries
The Organization for Economic Cooperation and Development revised down its expectations for global growth and called on western governments to act promptly to get food to those in need. → Read More