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.
Like this page on Facebook for updates
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."
Monday 18 April 2011
Monday 18 April 2011
Congress will have to raise the country's debt limit, and may need to do so before a deal on future budget deficits is agreed, the US Treasury Secretary Timothy Geithner has said.
Saturday 09 April 2011
Another fat-cat banker?
Mr Dimon is a bit different, to be fair, having enjoyed a good war during the credit crisis. President Obama subsequently said of him: "Jamie Dimon ... I don't think should be punished for doing a pretty good job managing an enormous portfolio."
Tuesday 22 February 2011
The pressure on Britain's creaking public finances eased today as a bumper tax haul in January saw the Government record the highest monthly borrowing surplus in more than two years.
Saturday 19 February 2011
Hopes for an agreement to address the huge trade surpluses being run up by China, Japan, Germany and other successful exporters – the most important of the so-called global imbalances – were dashed even before the first G20 summit under French chairmanship got under way in Paris.
Friday 18 February 2011
Tuesday 15 February 2011
- 1 Gurdwaras-turned-food banks: Sikh temples are catering for rise in Britain’s hungry
- 2 Council bans use of word ‘Commie’ – but ‘fascist’ and ‘Nazi’ are fine
- 3 The man who made Femen: New film outs Victor Svyatski as the mastermind behind the protest group and its breast-baring stunts
- 4 The poorest pay the price for austerity: Workers face biggest fall in living standards since Victorian era
- 5 Mass murder in the Middle East is funded by our friends the Saudis