Calum Rutter

Deputy editor

Recent articles

Debt servicing costs exceed revenue in Nigeria

Nigeria’s revenue fell below the cost of servicing its debt in the early months of 2022, despite... Read more
ECB raises interest rates for first time since 2011

The European Central Bank has ended eight years of negative interest rates, increasing its deposit... Read more
Belarus downgraded to default

Failure to pay its dollar-denominated debt obligations in the correct currency constitutes Belarus... Read more
UK tax cuts ‘would be a mistake’, says IMF

A senior International Monetary Fund official has warned it could be economically unwise to cut... Read more
Fed official backs 0.75 basis point rate increase

A US Federal Reserve governor has stated his support for raising interest rates by 0.75 percentage... Read more
OECD wants new global tax arrangements sorted within a year

Officials at the OECD have set a deadline of this time next year for global agreement on one part... Read more
Eskom makes pay deal with unions after strike

South Africa’s struggling state-owned power company Eskom has agreed it will give workers a 7% wage... Read more
Ukraine sets out $750bn national reconstruction plan

Ukraine has said it will need $750bn of investment to rebuild its economy in the wake of Russia’s... Read more
European Commission’s €1bn outsourcing spend scrutinised

European Union auditors have identified risks that the bloc’s executive arm’s increasing use of... Read more
Global sovereign credit outlook ‘deteriorating’ thanks to war in Ukraine

Fitch has dimmed its view of government credit conditions amid Russia’s ongoing invasion of Ukraine... Read more

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