When Angela Merkel cares about an issue she does not give a speech. Instead, she hits the road. Lately Germany?s…
How dramatically the pendulum of fear has swung in the past year?from worries about the fragile recovery, to panic about…
Over the past few years the reputations of the rich world?s central bankers have fluctuated wildly. When the financial crisis…
Josef Ackermann, the head of Deutsche Bank, combines a silky manner with blunt words.
America is used to making the economic weather. It has the world?s largest economy, its most influential central bank and…
Dividends do not get the respect they deserve. Over the long run they provide the bulk of equity investors? returns.…
The Federal Reserve Bank of Kansas City?s annual conference in Jackson Hole, Wyoming, is the big event of the year…
At The Gare de l?Est in Paris, Franco-German co-operation seems on track. Deutsche Bahn inter-city express trains glide in from…
Talk is cheap when it comes to solving the problem of too-big-to-fail banks. From the luxury of even today?s stuttering…
Firms with interim bosses usually opt for the quiet life, but the lack of a permanent boss did not stop…
In 1995 Alfa Romeo ignominiously pulled out of America, having managed to sell only 400 cars there that year. Yet…
PERU is not an obvious investment darling. For much of its existence, the country has been in a state of…
Americans are used to thinking of their job market as lithe and supple. Employment snaps back quickly after recessions. Workers…
For much of the past two years hedge-fund managers have tried to convince queasy investors not to give up on…
For most of the past 150 years public companies have swept all before them. Wall Streeters have dissolved their cosy…
A Hundred years ago it was perhaps already possible to discern the rising powers whose interaction and competition would shape…
What a difference 15 months makes. On June 1st 2009 General Motors applied for Chapter 11 protection, triggering the largest…
When Japan slid into deflation in the mid-1990s bond investors were caught unawares. As late as 1995 yields on government…
