The cost of insuring against a catastrophic US default jumped to its highest level in more than two years today after talks to prevent a breach of the nation’s $16.7 trillion (£10.5 trillion) debt ceiling faltered.
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Monday 07 September 2009
This year, the British National Party gained 6.26 per cent of the national vote at the European elections. That was, from their point of view, a great success, and appears to lift them from an insignificant contributor to political debate to a minority presence. They crossed the psychological threshold between those parties who field candidates, and those who have gained seats at a more than local level.
Sunday 06 September 2009
Sunday 23 August 2009
Thursday 13 August 2009
France and Germany have snapped out of recession unexpectedly early, according to the first estimates of growth released by the European statistics agency.
Thursday 07 May 2009
Monday 27 April 2009
Friday 10 April 2009
Thursday 26 March 2009
A minister handling preparations for the upcoming Group of 20 summit said that leaders risk fueling public dissent — and dire consequences for the developing world — if they fail to agree on clear action to tackle the global downturn.
Monday 16 March 2009
Gordon Brown still believes he can broker an agreement among the world's biggest economies to take further fiscal action to shorten the recession, despite disagreements with France and Germany at the weekend.
Sunday 15 March 2009
Thursday 04 December 2008
Outlook: Jose Manuel Barroso, head of the European Commission, thinks Britain is “closer than ever before” to joining the euro and even claims to have had conversations with senior members of the UK Government to that effect. Meanwhile, Christine Lagarde, the French finance minister, would be more than happy to welcome us in.
Saturday 18 October 2008
Saturday 14 June 2008
France's Finance Minister has launched an attack on the interest rate policy of the European Central Bank, amid growing concern about policymakers' inability to combat an economic slowdown in the face of rising inflation.
Saturday 31 May 2008
Pressure is building in the European Union for common rules to discourage, or punish, excessive payments to top business executives.
Tuesday 19 February 2008
Christine Lagarde, France's economy minister, may establish a French sovereign wealth fund to counter the rising power of the state-owned funds from the developed world.
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