Larry Elliott warns a storm is coming for the global economy

Summary

In a Guardian opinion piece, Larry Elliott says the global economy is muddling through despite regional wars, an energy shock, rising inflation and US-China trade tensions, with their impact so far modest. He writes that finance ministers and central bank governors meeting for the IMF’s annual gathering in Bangkok know multilateral cooperation is needed to address the crises, but says there is little chance of it.

Timeline

1. The Guardian

   15 Oct 2026, 05:00 UTCSource ↗

   The Guardian’s Larry Elliott says the global economy has so far avoided a full-blown crisis despite mounting pressures, but warns that a storm is coming and argues there is little chance of the multilateral cooperation needed to address it.