Fiscal policy, eh? Phwoar! Triple-A ratings: they get the blood pumping, don't they? And don't even get us started on eurozone rescue-fund implementation...

George Osborne must adopt an economic "Plan B" and slow the pace of public spending cuts if the British economy remains weak, the International Monetary Fund (IMF) warned the Chancellor yesterday.

Austerity is now pitted against recovery as if politicians have merely to choose

Japan pledged 60 billion US dollars in loans to the International Monetary Fund today in an effort to ensure that the debt crisis in some European economies will not spread.

Market nerves about the Spanish economy showed signs of spreading to Italy yesterday as Rome saw its medium-term borrowing costs spike. Italy sold €2.9bn in three-year debt at 3.89 per cent yesterday, higher than the 2.76 per cent it was forced to pay at a similar auction last month. Demand for the debt issue was also muted.

Greece won a second massive financial bailout in the early hours of today when its partners in the 17-country eurozone finally stitched together a 130 billion euro rescue, meant to avoid a potentially disastrous default and secure the euro currency's future.

As the global elite meet in Davos, Ben Chu asks what the annual shindig can hope to achieve

France was told by Nick Clegg today to end "simply unacceptable" attacks on the UK economy amid mounting cross-Channel tensions over the eurozone crisis.

What is the truth about the Nathan Bostock affair? The facts of the matter are that months ago, Bostock agreed to leave Royal Bank of Scotland, where he is head of risk, to become head of wholesale banking at Lloyds Banking Group, only to change his mind 10 days ago.

Nothing brightens a gloomy Sabbath morn like Danny Alexander, and the Treasury's Chief Secretary was on cracking form when chatting with Superinjunction Marr's stand-in Jeremy Vine on BBC1. For all that, I was alarmed by Danny's thoughts on contributing up to £40bn to the IMF. What we credulous halfwits should know, explained Danny (I paraphrase a soupçon), is that this wouldn't mean actually handing over any cash.

The head of the International Monetary Fund yesterday warned world leaders that they are running out of time to prevent another global slump and urged them to rediscover a "collective momentum" in order to head off disaster.

The head of the International Monetary Fund yesterday warned world leaders that they are running out of time to prevent another global slump and urged them to rediscover a "collective momentum" in order to head off disaster.