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."
Richard Dawkins on babies with Down Syndrome: 'Abort it and try again – it would be immoral to bring it into the world'
Scottish independence: English people overwhelmingly want Scotland to stay in the UK
Isis threat: Cameron wants an alliance with Iran
Michael Brown shooting: Chaos erupts on the streets of Ferguson after autopsy shows teenager was shot six times – twice in the head
Bin bag full of cats' heads discovered near Manchester's Curry Mile
Disgusting, frustrating, but intriguing: how the country really feels about its politicians
- 1 Jeremy Clarkson 'does not see a problem' with his racist language on Top Gear, says BBC
- 3 London restaurant 34 creates champagne glass modelled on Kate Moss’ left breast
- 4 ALS ice bucket challenge co-founder Corey Griffin drowns, aged 27