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 Alan Rickman admits editing 'terrible' script with friends in Pizza Hut behind backs of writers on Robin Hood: Prince of Thieves
- 2 Rarest Beanie Baby of them all could be sold for £62,500 on eBay
- 3 Professional big game hunter Ian Gibson crushed to death by elephant during hunt
- 4 Farmer told to tear down mock-Tudor castle after hiding construction behind hay bales
- 5 Rebecca Francis accuses Ricky Gervais of using 'influence' to target female hunters after receiving barrage of death threats
Yemen crisis: Meet the child soldiers who have forsaken books for Kalashnikovs
Alan Rickman admits editing 'terrible' script with friends in Pizza Hut behind backs of writers on Robin Hood: Prince of Thieves
Rarest Beanie Baby of them all could be sold for £62,500 on eBay
Professional big game hunter Ian Gibson crushed to death by elephant during hunt
Farmer told to tear down mock-Tudor castle after hiding construction behind hay bales
If I’m being racially abused I don’t need a stranger with a saviour complex to rescue me
The only black face in the Ukip manifesto is on the page about overseas aid
Ukip is the only main political party to not address LGBT rights in its manifesto
Food banks: One million Britons will soon be using them, according to Trussell Trust
Religion isn't growing, it is becoming vigorous in its demise, says philosopher AC Grayling
BBC election debate: The one photo that summed up the whole 90-minute leaders debate
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