Michael Bloomberg

Politics: Mr President, your Tube carriage/limo/helicopter awaits...

And you thought Vladimir Putin commuted to the Kremlin topless on the back of a lion. Nope, the President gets around the Russian capital like millions of other Muscovites: via its notoriously snarled-up streets. So bad is gridlock in Moscow that the President has now taken to working from his suburban home to save angering his subjects with his massive motorcade, for which everything must give way.

Floods spread north as US counts cost of Irene

As commuters trickled into a mostly unscathed New York City yesterday in the wake of Hurricane Irene, raging rivers continued to cause record flooding all across the north-eastern United States and electricity companies struggled to restore power to 5m darkened homes and businesses.

Yankees bid tearful farewell to 'The Boss'

George Steinbrenner, the long-time owner of the New York Yankees and one of the most colourful and controversial figures in US sport died in Florida yesterday. Media reports said Steinbrenner, who celebrated his 80th birthday earlier this month, suffered a massive heart attack at his home in Tampa and was rushed to hospital.

The Enigma of Capital, and the crises of capitalism, By David Harvey

Andrew Mellon, the US Treasury Secretary during the Great Crash of 1929 and one of America's richest men, observed that in a crisis assets return to their rightful owners. Nothing much has changed. As the present crisis has mutated from a banking crisis to a fiscal crisis and a sovereign debt crisis, bonuses continue to be paid, while the people of Greece and Iceland suffer huge cuts in jobs and services.

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King of New York: Michael Bloomberg

The billionaire had to drop his ambitions to be US president, but will have to settle for a third term as mayor of America's largest city