While Trump spoke the markets gyrated wildly up and down.
Matt Frei
The US spending “sequester” that could come into force later today stands to shave as much as half a per cent off the country’s GDP growth. And its impact on the UK could be critical.
Matt Frei
Washington correspondent Matt Frei reports on the protestors who are camping out near Wall Street and expressing the wider public frustrations of Main Street America.
Economics Editor Faisal Islam reports from Athens as the Greek debt crisis fuels further global pleas for concerted action from Europe’s political leaders.
If correct the UK economy will have grown more slowly in 2011 than 2010. The IMF’s forecast is well below the 1.7 per cent currently used by the government, writes Faisal Islam.
Euro crisis, poor jobs figures, massive national strikes, on top of high inflation squeezing living standards – Economics Editor Faisal Islam reports on the political response to the economic bad weather.
The post dollar world, the Gold Standard, the “largest debtors in the history world”: Jim Rogers, Jim Rickards and HSBC’s Stephen King give Faisal Islam their thoughts on the downgrade.
Channel 4 News’ economics editor Faisal Islam explains what it means to the US and to the world, for America to have its credit status downgraded to AA+.
China has become the second biggest economy in the world. When will it overtake America, the current number one, Faisal Islam asks.
The film on the backlash against Goldman Sachs is top of our most-viewed charts. To catch-up on the backstory read here, and it’s well worth seeing the film here, if only to see lightning burst out of the sky above Goldman’s new HQ in Manhattan. But the plot has thickened over the connections between the…
A crisis of the motor industry; a crisis of the home industry; a credit crisis; and high petrol prices. Every expressway of the American Great Recession passes through Elkhart Indiana, capital of RV manufacturing (recreational vehicle: basically motorhomes and trailers). It’s totally devastating for places like Elkhart that we have just visited at the same…
“I think the banks have pulled one. They maybe didn’t plan on it, but looking back it’s quite an amazing steal… “The banks got an amazing deal last September, they were rescued by the taxpayer, and then refloated themselves giving the taxpayer very little of the upside and now they are going to have very…