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Attending the Davos World Economic Forum, Conservative leader David Cameron knows that if he is elected, his country’s role in the world will be substantially different to that of his predecessors, blogs Faisal Islam.
Google may have decided that pressure and censorship from the Chinese authorities are just a tool limit their growth, and so it is simply not worth maintaining a future presence in the people’s republic, blogs Lindsey Hilsum.
On the day Gordon Brown appears to have headed off a leadership challenge, Faisal Islam predicts that a batch of good economic statistics could mean a 25 March general electioni
As Iceland’s president refuses to sign a bill to compensate UK taxpayers for bailing out Icesave, Faisal Islam concludes that this is the mess created when a banking system outgrows a state’s capacity to support its liabilities.
In March we ran a lengthy extract of an interview with financier Jim Rogers, who described the perceived G20 wisdom on running huge deficits to boost world growth as “ludicrous and insane”. It is one of our most downloaded videos of the year.
Gary Gibbon
The RBS Chairman Philip Hampton has been in contact with the Treasury and reassured it that there is no threat of mass resignation by the board. The Treasury says it has also been reassured that “no legal advice has been taken” by the RBS board. Peace in our time? Not yet. I understand from a…
So, come the small hours this side of the Atlantic, President Obama will address the American nation and confirm his intention to more fully pursue The Bush Doctrine which began in Iraq, through Afghanistan. Bush surged into Baghdad; Obama will surge into Kabul. Meanwhile here Gordon Brown has pre-surged, carefully timing his 500 reinforcements yesterday,…
As American workers struggle to accept their country’s new place in the economic world order, how will China really be viewed and will Obama get his way on heathcare reforms?
Little of substance was said at Barack Obama’s joint press conference with China’s President Hu, writes Jonathan Rugman.
A windswept beach. A university town. And a few hundred protesters dressed as finance ministers symbolically burying their heads sand. It’s a lot harder to protest against the G7 rich man’s club, now that it’s the G20. The agenda is somewhat more murky when it is China refusing to discuss climate finance, rather than the…
Jon Snow
There is so little wiggle room. Nothing so defines the current political contest as the contesting measures that have finally aired from both major parties for paying off the debt. A pay freeze on higher public sector pay and and delay in the national age of retirement. It doesn’t really matter now who says it…
Former Federal Reserve chairman Paul Volcker and Goldman Sachs CEO Lloyd Blankfein on the wisdom of allowing big banks to fail.
Cracks were showing in Britain’s banking powerhouses as early as 2005, as bad debt was sold and consumers were sucked into a credit vortex. An “ugly” correction was on the cards.
Jon Snow
Electric Picnic. It might better be termed the eclectic picnic – a totally amazing event out beyond the verdant turf of the golf courses and the famous Curragh race course in the heart of Ireland. Ostensibly a folk and rock-fest starring everyone from Brian Wilson to Florence and the Machine, the Picnic proved much more…
There are many men in dark glasses in Washington DC during the summer. Amongst the most feared have been the International Monetary Fund economists who fly around the world reviewing the policies of individual countries – so-called Article IV Consultations. Such a team has been in the UK over the past weeks and a few…