When US President Barack Obama nominated Jack Lew as the new Secretary of the US Treasury in January, the media had one overwhelming concern about the appointment: Lew’s illegible signature, which resembles the doodle of an absent-minded child, would now appear on every US banknote.
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Governor of the Bank of England Sir Mervyn King says Barclays 'was in state of denial' about regulators' concerns
Tuesday 17 July 2012
Sir Mervyn King said that Barclays’ board had been “deeply reluctant” to face up to concerns of the Financial Services Agency.
Sunday 15 July 2012
Monday 30 April 2012
The most humane outcome would be for Beijing to give up Mr Chen quietly
Sunday 04 December 2011
So begin five days of meetings to try to salvage the continent's economies
Thursday 11 August 2011
Full marks to David Cameron and Sir Mervyn King who avoided what might have been an embarrassing clash yesterday. The Prime Minister was originally set to make his latest statement on the riots at 10.30am, just as the Governor of the Bank of England was cutting his forecasts for economic growth. That might have looked as if the Government was trying to bury the bad news and the PM's office sensibly put his briefing back by half an hour.
Tuesday 02 August 2011
The US avoided a feared and catastrophic default on the American debt, as lawmakers on today passed a measure that ties an agreement to raise the government's capacity to borrow to steep cuts in government spending.
Monday 25 July 2011
The stakes are still rising in a game of political chicken that now threatens the immediate future of the global economy, as President Barack Obama continues attempts to negotiate a deal to raise the US government's debt limit.
Saturday 23 July 2011
President Barack Obama insisted yesterday he was prepared to make "tough choices" for a sweeping deficit-reduction deal to avert a US default, despite being warned by Democrats not to make too many concessions.
Friday 22 July 2011
President Barack Obama insisted he was prepared to make "tough choices" for a sweeping deficit-reduction deal to avert a US default, despite being warned by Democrats not to make too many concessions.
Monday 04 July 2011
Timothy Geithner, the US Treasury Secretary, may leave office later this year, it was reported yesterday.
Tuesday 28 June 2011
French Finance Minister Christine Lagarde is poised to become the next leader of the scandal-rocked International Monetary Fund, with a major endorsement from the Obama administration.
Tuesday 31 May 2011
Thursday 19 May 2011
Tuesday 17 May 2011
After months of hand-wringing, the US Government has reached its debt limit, forcing lawmakers to embark on a series of emergency measures to prevent public finances from going into immediate default.
Thursday 28 April 2011
Alan Miller is a widely respected fund manager in the City, but is probably best known beyond the Square Mile for his exceptionally messy divorce from his wife Melissa – she got £5m in a judgment that he appealed all the way to the House of Lords before losing. It's good to see the episode hasn't put Miller off women. Interviewed in the latest issue of Spear's magazine, Miller reveals he has only two personal speed dial numbers on his phone: "The two most important women in my life – my [new] wife and my mum."
The moment a Queen's Guard soldier lost it and drew his gun at annoying tourist
Greece crisis: IMF was pushed around by Angela Merkel and Nicholas Sarkozy – and now it is being humiliated
Greece crisis: The wider lesson is that it’s time to abandon this failed experiment in currencies
'I wish the BBC would stop calling it Islamic State' – David Cameron unleashes frustration at broadcaster
They are neither a 'state' nor 'Islamic': Why we shouldn't call them Isis, Isil or IS
Tunisia beach attack: How can British Muslims respond to the latest outrages?
- 1 David Cameron refers to 83-year-old Labour MP Dennis Skinner as 'Jurassic Park'
- 2 Tunisia hotel attack: Locals form 'human shield' to protect hotel from gunman Seifeddine Rezgui
- 3 Optical illusion turns blue demon into brunette
- 4 German ethics council calls for incest between siblings to be legalised by Government
- 5 Saudi Prince Alwaleed bin Talal will donate entire $32bn fortune to charity