Naoto Kan, Japan?s prime minister, who tried to convince voters that the country?s debt-ridden economy looked…
Austerity in southern Europe has provoked strident opposition from government employees, who are protesting against pay…
All is eerily quiet on the corporate front. Even though the global economy continues to grow strongly, and the economic..
For a moment in the spring, the existence of the euro seemed under threat. Strange, then, that during those weeks…
There is no more potent symbol of the relative decline of Western finance than the revolution in Chinese banking over…
If the private sector continues to save hard even as governments try to borrow less, the risks of a double-dip…
Shopping with coupons and jars of loose change. Watering down milk to make it go further. Using washing up liquid…
Now gas is dominating the thoughts of Western oil bosses and, increasingly, their firms? portfolios. Seven of the eight projects…
China might have hoped for better. The decision at last to suspend its exchange-rate peg to the dollar bought the…
It is touted as the biggest overhaul of American finance since the Great Depression. The 2,319-page Dodd-Frank Wall Street Reform…
Economic policymaking, like hemlines, has fads. Last year the leaders of the G20 group of big economies led a global…
Those seeking to stem the flow of oil from the deep waters of the Gulf of Mexico are now struggling…
Ronald Reagan once quipped that he didn?t know what the Ten Commandments would have looked like if Moses had run…
More than the European debt crisis is keeping American economic policymakers awake at night just now. Despite a year of…
For months the rich world?s policymakers have quietly pressed China to abandon its exchange-rate peg with the dollar. On June…
My own fear is that we?ve all died and this is our purgatory,? said Senator Chris Dodd recently, as negotiations…
Debt is as powerful a drug as alcohol and nicotine. In boom times Western consumers used it to enhance their…
With governments seeking soft targets for tax revenues and regulators looking to curb their activities, investment banks have plenty to…
