Wednesday 31 March 1999
Sell the euro: In January, it seemed every analyst in town was telling us to fill our boots with euros. Since then it has been all one way in the wrong direction: German politicians demand interest rate cuts: sell the euro. War in the Balkans: sell the euro. Now the prospect of an interest rate cut in Euroland has provoked the standard reaction: sell the euro. Where are all the geniuses who were telling us in January to buy the euro? Crafting more drivel, no doubt.
Life is a cabaret: Paris rocked as JP Morgan threw a splendid party at the Musee des Arts Forains to honour those attending the Inter-American Development Bank annual meeting. There were expensive cigars, clowns and even a carousel. Could this be a sign that the party's back on for emerging markets? One cynic wasn't so sure: "It's hard to tell which are the clowns and which are the bankers," he said.
Online bankers: The introduction of e-mail at Coutts allows customers to send provocative messages to their managers. One customer, infuriated by reports that the bank had extended a pounds 4m overdraft to the Queen Mother (right), received his comeuppance, however, when an e-mail whistled back insisting that there was "no truth at all" to the recent stories.
Licence to print money: Whoever said it was impossible to make money on the Internet? British physicist Laurence Godfrey has so far filed info highway libel actions against companies and individuals in the Australia, Canada, the United States, and New Zealand and his winnings are mounting. Now he has managed to persuade Mr Justice Morland to allow him to proceed against Demon Internet, which carried an allegedly libellous posting on an obscure Internet news group, falsely purporting to be from Godfrey himself. Upstanding though Godfrey certainly is, the decision opens the possibility for potential litigants to anonymously libel themselves, and then to turn around and sue every Internet service provider within reach of a writ.
- 1 Nigel Farage: Me vs Russell Brand on Question Time – he's got the chest hair but where are his ideas?
- 2 Harry Potter fans can apply to the Hogwarts-inspired College of Wizardry
- 3 Jessica Chambers: 19-year-old woman 'doused with lighter fluid and burned alive' in the US
- 4 Russell Brand calls Nigel Farage 'poundshop Enoch Powell' in BBC Question Time debate
- 5 Orange Wednesdays are no more
Weather bomb in pictures: Storms cuts power for tens of thousands – and snow is on the way
Jessica Chambers: 19-year-old woman 'doused with lighter fluid and burned alive' in the US
Russell Brand calls Nigel Farage 'poundshop Enoch Powell' in BBC Question Time debate
Russell Brand was rendered speechless on Question Time by this man
Fury at Airbus after it hints the super-jumbo may be mothballed
Disgruntled RBS worker writes hilarious open letter to Russell Brand after anti-capitalist publicity stunt leaves him hungry
Shock poll shows voters believe Ukip is to the left of the Tories
Nigel Farage's approval rating hits 'record low' as popularity suffers in wake of Ukip sex scandal
Nigel Farage defends Kerry Smith 'ch***y' comment: 'If you are going for a Chinese, what do you say you’re going for?'
Ukip candidate jokes about 'shooting peasants' in racist and homophobic rant
Pakistan school attack live: Taliban kill at least 132 children in 'horrifying' massacre
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