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 Rihanna 'nude photos' claims emerge on 4Chan as hacking scandal continues
- 2 Frank Lampard equalises for Manchester City against Chelsea: how Twitter reacted
- 3 Stamford Hill council removes 'unacceptable' posters telling women which side of the road to walk down
- 4 Kim Kardashian 'nude photos' leaked on 4chan weeks after Jennifer Lawrence scandal
- 5 Hitler’s former food taster reveals the horrors of the Wolf’s Lair
350 skinny dippers brave Northumberland seas for record attempt at mass naked swim
Rihanna 'nude photos' claims emerge on 4Chan as hacking scandal continues
Kim Kardashian 'nude photos' leaked on 4chan weeks after Jennifer Lawrence scandal
Jennifer Lawrence leaked 4Chan sex video branded 'fake' by forum users
Hitler’s former food taster reveals the horrors of the Wolf’s Lair
Scottish independence referendum: A nation divided against itself
Scottish referendum results: Cross-party consensus collapses amid Tory-Labour spat on the 'English question'
Scotland could still declare independence – even without referendum, says Alex Salmond
Scottish independence: David Cameron is becoming the 'George Bush of Britain'
Hilary Mantel 'should be investigated by police' over Margaret Thatcher assassination story, says Lord Bell
Plebgate MP Andrew Mitchell called officer a 'little s**t', claim court documents 'exposing ex-Chief Whip's 'record of abusing police'
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