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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The chairman of eurozone finance ministers, Jean-Claude Juncker, says Greece could go bankrupt if its voters reject the bailout deal in a referendum. Channel 4 News looks at the consequences.
Amid reports that Greece’s defence minister has sacked his defence chiefs, premier Papandreou fights to hold his government together over a referendum pledge on the latest eurozone bailout.
A British intelligence agency warns cyber attacks on the UK government are on the rise, ahead of a major summit on cyber-warfare. But an expert tells Channel 4 News the summit will be “superficial”.
Faisal Islam listens in to a revelatory, and genuine (honest) tete-a-tete between the French and Chinese presidents
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.
Chancellor George Osborne welcomes the eurozone deal but says the “ultimate lesson” of the crisis is that “if you can’t pay your way, you’ll be next in firing line”.
We track the repeat “crunch talks” which punctuate the eurozone debt crisis, as a global finance expert tells Channel 4 News Europe’s leaders are wrestling with an “ungovernable system”.
Reports that Italian Prime Minister Silvio Berlusconi has agreed to resign in the next three months are denied by his office.
The welfare system is the “root cause” of the eurozone crisis, says Jin Liqun from China’s sovereign wealth fund, and working harder and longer would solve its problems.
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.
The US sends 25 helicopters to help search for stranded flood victims as the Thai Prime Minister tries to reassure Bangkok residents that the capital will be spared the worst of the floods.
The Occupy Wall Street movement inspires protests in the UK and dozens of other countries, as campaigners rage against bankers and politicians accused of condemning millions to hardship.
Credit agency Moody’s downgrades the rating of 12 UK institutions, including Lloyds and RBS. Meanwhile the sovereign ratings of Italy and Spain slide downwards as the eurozone crisis deepens.
Channel 4 News Economics Editor Faisal Islam, explains what Moody’s downgrade of 12 UK institutions means for the public and the banks.
Economics Editor Faisal Islam blogs on whether the Geithner moment is here for the world’s economy?