As January goes, so goes the year. That old stockmarket saying does not augur well for 2010, given that the…
Since the launch of Europe?s single currency, there have been theoretical worries about profligacy. The main fear was that free-spending…
What should policymakers do when faced with the potential failure of a large bank? In 2008 officials had to choose…
Deathbed reprieves do not get any more dramatic than the agreement reached by General Motors on January 26 to sell…
From the premature talk of green shoots to?at last?an anaemic crop, Britain?s economic recovery has been a long time coming.…
The situation has ?completely changed,? says an ebullient Keisuke Tsumura, an elected official in the newish government?s Cabinet Office. The…
A meeting between Barack Obama and Republican members of the House of Representatives last week proved to be an unusually…
In, out, shake it all about. Last year was a terrible one overall for global trade. Volumes fell by 14.4%,…
For investors the most dangerous words in the English language are ?this time it?s different.? For governments and financial policemen…
Being a president and not a journalist, Barack Obama buried the lead. But for all his talk about creating jobs…
The move from print to digital has not been easy for newspaper or magazine publishers. Readers have proved reluctant to…
Natural disasters strike rich countries as well as needy ones, but the trail of devastation they leave behind is usually…
It is bonus season again. Bankers get bashed and governments invent ways to tax them, most recently Barack Obama?s plan…
China?s remarkable resurgence began three decades ago with the designation of Shenzhen, just north of Hong Kong, as a ?special…
A year ago almost every economy in the world was being walloped. The degree of pain varied. In rich countries…
ASIA?S current-account surpluses have been widely blamed for causing the global financial crisis. Large inflows of foreign money helped inflate…
Think of the great centres of the space industry and it might be that Florida, Moscow or even Kazakhstan spring…
The intervention of a government minister in Kraft?s battle to buy Cadbury says much about the strength of British feeling…
