Osborne has had a Thatcher handbag EU moment over Tobin Tax
So Berlusconi is off, possibly, but will it truly be the end of Bunganomics?
Faisal Islam
Faisal Islam has left Channel 4 News. This is an archive of his blogs.
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Time for porcine solidarity among the PIIGS
Total failure, self-inflicted. The three little pigs need some huff and puff, and they will find more support than you might imagine in Germany.
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As the G-Nothing flops, is Greece still in charge of its own sunshine?
Does it matter who is PM of Greece? The astonishing example of Greece’s Project Helios shows just how sovereignty transfer works in a crisis.
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An extraordinary day of Greek political chaos
Extraordinary day, and it’s not over yet. Economics editor Faisal Islam reports from Athens.
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Papandreou faces axe after bluff called by Merkozy
As we stand here there is a Cabinet meeting happening inside the Greek Parliament. Papandreou looks unlikely to survive it. Economics Editor Faisal Islam reports from Athens.
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Athens: the lessons of monetary history for Greece
One economist likened the euro to Hotel California “where you can check out but you can’t leave”, pointing out that, “almost no modern fiat currency union has broken up without some form of authoritarian or military government or civil war”.
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Greek bombshell disarms eurozone bazooka
The Greek referendum has sent Greek politics into chaos. But it has also disarmed the euro bailout agreed last week, sending government borrowing costs soaring and share prices crasing across the rest of the eurozone.
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UK growth at 0.5 per cent – but is this a 2011 peak?
The UK economy grew by 0.5 per cent between July and September. However, an economist warns Channel 4 News there are still “reasons to be nervous”.
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The missing bailout conversation between Sarko and the Chinese president
Faisal Islam listens in to a revelatory, and genuine (honest) tete-a-tete between the French and Chinese presidents
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Brussels 5am: Half a bazooka unleashed
A deal is reached, but Economics Editor Faisal Islam says the devil will be in the detail. The bailout bazooka will need the goodwill of the rest of the world.
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It’s not about Greece any more – it’s Italy’s backdoor bailout
Is the eurozone on the brink? Channel 4 News Economics Editor Faisal Islam is in Brussels.
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Exclusive: UK economy likely to be shrinking now, says Weale
In an exclusive interview with Channel 4 News MPC hawk, Martin Weale, now says the UK economy is likely to be shrinking over the Euro crisis, and that the Bank of England can’t boost economy alone.
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French banks can ‘withstand whatever development’
French banks can “withstand whatever development” the country’s central bank chief Christian Noyer tells economics editor Faisal Islam.
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Inflation is the Resurrection as the economy that is no longer ‘on track’
A horrible inflation number of 5.2 per cent, an RPI number of 5.6%. Inflation is at a 20 year high, eating into people’s living standards. The misery index too, that C4 News flagged up earlier in the year is now at a 19 year high. The response of Sir Mervyn King in a speech in…
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Europe set for biggest bailout in world history
A day of riot and recapitalisation in this eurozone crisis. That’s the view from the G20 finance meeting in Paris. Protests against banks, in a week that I believe will end with the biggest bailout in world history, of the single currency, and also of the Eurozone’s banks.
