No going back

Europe’s euro 750 billion plan to defend its single currency may have been received with euphoria, but it was born…

An odd couple

On the campaign trail, David Cameron and Nick Clegg often sounded nebulous as they pledged a break from the past.…

Green back

John Maynard Keynes once likened investing to judging a beauty contest. For today?s currency investor, however, none of the main…

Love is in the air

The announcement of a merger to form the world?s largest airline, with the capacity to carry nearly 150m passengers a…

Home improvements

In America policymakers are too busy coping with the aftermath of the last housing bubble to worry about…

Deep trouble

The explosion that claimed 11 lives and sent the Deepwater Horizon, a billion-dollar oil rig, to the bottom of the…

The hole in the election

When the election campaign started, the crucial question by common consent was how to tackle the gaping shortfall in Britain?s…

Acropolis now

There comes a moment in many debt crises when events spiral out of control. As panic sets in, bond yields…

Emperors and beggars

This week the Wall Street Journal, the pride of News Corporation?s stable of newspapers, launched a 12-page daily…

A pox on your swaps

For all the recent posturing on Capitol Hill, financial reform is coming. On three consecutive days this week Republicans blocked…

Heat and dust

Is your journey really necessary? The second-world-war slogan springs to mind in the wake of the volcanic cloud that has…

Surplus ?a change

A BIG export-oriented economy is booming but its trading partners are livid. Year after year, they point out, it runs…

No quick exit

America’s GDP is growing, employment is finally expanding and the stockmarket is buoyant. Yet one thing has not changed: the…

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