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Government will control entire market 'from seed to smoke,' in a bid to curb addiction and drug violence

Outlook: Like him or loathe him, Soros is in the right

Tinpot speculator meets tinpot dictator. George Soros and Mahathir Mohamad were involved in a spectacular exchange of insults at the IMF meeting in Hong Kong over the weekend. They perhaps thoroughly deserve each other. But there's equally little doubt about who is in the right on all this. Like him or loathe him, it is George Soros.

God, Mammon and the guardian angels

The global market may wreck local cultures but, says Diane Coyle, it can also boost democracy

Asia will have to learn the rules

The IMF could scarcely have chosen a better place to hold its annual meeting this year. By a lucky fluke the world's financial community will be gathering in Hong Kong to put the Asian financial turmoil under the microscope. The questions to address are: what caused the crisis, could it have been foreseen, could it have been prevented, and has the response been adequate?

Management guru finds secret of life

In defining the nature and future of modern work, nobody excelled Charles Handy; now he has left the world of work and turned his mind to the world of the spirit. Not so much a career move, more an act of faith.

Company directors pocket pay rises of 16 per cent

Company directors are receiving average pay increases of 16 per cent, more than four times higher than the percentage increases going to most workers, according to a report published today. The union-funded Labour Research Department (LRD), which conducted the study, accused quoted companies of "turning a deaf ear" to the recommendations of the Greenbury Committee.

Leading Article: Money, myth and hard reality

Wednesday 16 September 1992 - the day that Britain was driven out of the ERM - is Black Wednesday to anyone who thinks that the loss of about pounds 4bn spent trying to defend sterling when it was a lost cause is an intolerable failure of economic management. But those who call it the day the economic recovery began colour it White. A good case can be made for both; perhaps we should call it Black and White Wednesday. It is also remembered as the day a Wall Street financier named George Soros made a killing. Thus the Guardian yesterday wrote of Soros that he "is famously credited with forcing Britain out of the ERM ... making pounds 1bn".

Gamble on prices costs Soros $70m

George Soros, the billionaire speculator and philanthropist, has suffered a $70m (pounds 44m) loss gambling on the BT/MCI merger, writes Chris Godsmark. Mr Soros is one of a number of high profile speculators and arbitrageurs to have been left with huge paper losses after gambling on the MCI and BT share prices.

What you can buy for a trillion dollars

Two little items from the last few days' papers. One is that Bill Gates, head of Microsoft, looks like becoming the world's first trillionaire - a personal fortune of more than $1,000 billion - in the next seven years, or so calculates The New York Times. The other, from the Mirror, reports that there are now 130,000 sterling millionaires in Britain and that there will be 200,000 by 2000.

EMU delays could be costly

With just 500 days to go until the creation of a European single currency, UK companies run a risk of missing the January 1999 deadline with "potentially devastating consequences", according to Cap Gemini, the European computer services and consultancy group.

Indonesia rocked by currency collapse

Indonesia yesterday succumbed to the attacks of speculators and allowed its currency, the rupiah, to devalue on the foreign exchange markets, the third such victim of the financial turmoil which has shaken South- East Asian economies in the last six weeks.

LETTER : France is no disaster - yet

Sir Mario Vargas Llosa's schadenfreude at France's current predicament ("The disaster striking France", 20 June) seems both naive and misguided.

I had entered a world where my notional prosperity would rise and fall with a baffling choppiness

Like quite a lot of people I became a Halifax shareholder earlier this month - a status automatically conferred by the possession of a savings account. And like quite a lot of people I had been lured by the rising scent of a windfall into the unfamiliar terrain of the financial pages, where I had been informed by almost every authority that the canny thing to do was to make sure that I got the paperwork into my own hands. So, feeling as sly as George Soros on a bad day for the pound, I ticked the relevant boxes and sent off my envelope. But what all those journalists had failed to inform me was that I was also entering a world in which nothing quite made sense, in which my notional prosperity would rise and fall with a baffling choppiness. The Halifax might have added some money to my life but it had also added a new plot in which anxiety could flourish.

Soros fund manager in bid for Plantation

George Soros, Rupert Pennant-Rea and the Rwandan civil war were bizarrely thrown together yesterday by a boardroom coup at an obscure London-quoted plantation company.

New York Brits join Pravda party

If you couldn't be on the South Bank yesterday for the Tony Blair victory rally, Pravda, South of Houston - better known as SoHo - was a reasonable alternative. There was no rocking with Neil Kinnock, but we did have Bianca.

Letter: The party won't go quietly

Andy Beckett's article on the Referendum Party carries the aroma of wish fulfilment ("Not even Jim can fix it now", 23 February). The only poll he mentions is by MORI, taken over eight months ago when the party had barely formed. It showed 0.5 per cent support. The poll published last week by James Capel was taken from 2,000 people nationwide who voted Conservative in 1992; 20 per cent said they were likely or certain to vote for the Referendum Party. A poll carried out in February by Harris for the Wirral South by-election showed 9 per cent support.
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The surrealist comedian at the Q Awards in 2010
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Russell Brand arriving for the book launch in East London
peopleRussell Brand cancels his book launch debate due to concerns about the make-up of the panel
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Christiano Ronaldo enjoys his opening goal
champions leagueLiverpool 0 Real Madrid 3: Ronaldo and Benzema run Reds ragged to avenge thrashing from their last visit to Anfield
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Six of the 76 Goats' cheese samples contained a significant amount of sheep's cheese
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Contestants during this summer's Celebrity Big Brother grand finale
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Wilko Johnson is currently on his farewell tour
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Sarah Dales attempts to sell British Breeze in the luxury scent task
tvReview: 'Apprentice' candidate on the verge of tears as they were ejected from the boardroom
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Call me Superman: one of many unusual names chosen by Chinese students
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Prices correct as of 17 October 2014
How could three tourists have been battered within an inch of their lives by a burglar in a plush London hotel?

A crime that reveals London's dark heart

How could three tourists have been battered within an inch of their lives by a burglar in a plush London hotel?
Meet 'Porridge' and 'Vampire': Chinese state TV is offering advice for citizens picking a Western moniker

Lost in translation: Western monikers

Chinese state TV is offering advice for citizens picking a Western moniker. Simon Usborne, who met a 'Porridge' and a 'Vampire' while in China, can see the problem
Handy hacks that make life easier: New book reveals how to rid your inbox of spam, protect your passwords and amplify your iPhone

Handy hacks that make life easier

New book reveals how to rid your email inbox of spam, protect your passwords and amplify your iPhone with a loo-roll
KidZania lets children try their hands at being a firefighter, doctor or factory worker for the day

KidZania: It's a small world

The new 'educational entertainment experience' in London's Shepherd's Bush will allow children to try out the jobs that are usually undertaken by adults, including firefighter, doctor or factory worker
Renée Zellweger's real crime has been to age in an industry that prizes women's youth over humanity

'Renée Zellweger's real crime was to age'

The actress's altered appearance raised eyebrows at Elle's Women in Hollywood awards on Monday
From Cinderella to The Jungle Book, Disney plans live-action remakes of animated classics

Disney plans live-action remakes of animated classics

From Cinderella to The Jungle Book, Patrick Grafton-Green wonders if they can ever recapture the old magic
Thousands of teenagers to visit battlefields of the First World War in new Government scheme

Pupils to visit First World War battlefields

A new Government scheme aims to bring the the horrors of the conflict to life over the next five years
The 10 best smartphone accessories

Make the most of your mobile: 10 best smartphone accessories

Try these add-ons for everything from secret charging to making sure you never lose your keys again
Mario Balotelli substituted at half-time against Real Madrid: Was this shirt swapping the real reason?

Liverpool v Real Madrid

Mario Balotelli substituted at half-time. Was shirt swapping the real reason?
West Indies tour of India: Hurricane set to sweep Windies into the shadows

Hurricane set to sweep Windies into the shadows

Decision to pull out of India tour leaves the WICB fighting for its existence with an off-field storm building
Indiana serial killer? Man arrested for murdering teenage prostitute confesses to six other murders - and police fear there could be many more

A new American serial killer?

Police fear man arrested for murder of teen prostitute could be responsible for killing spree dating back 20 years
Sweetie, the fake 10-year-old girl designed to catch online predators, claims her first scalp

Sting to trap paedophiles may not carry weight in UK courts

Computer image of ‘Sweetie’ represented entrapment, experts say
Fukushima nuclear crisis: Evacuees still stuck in cramped emergency housing three years on - and may never return home

Return to Fukushima – a land they will never call home again

Evacuees still stuck in cramped emergency housing three years on from nuclear disaster
Wildlife Photographer of the Year: Intimate image of resting lions claims top prize

Wildlife Photographer of the Year

Intimate image of resting lions claims top prize
Online petitions: Sign here to change the world

Want to change the world? Just sign here

The proliferation of online petitions allows us to register our protests at the touch of a button. But do they change anything?