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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Thursday 19 March 2009
Tuesday 17 March 2009
Monday 16 March 2009
The Federal Reserve Chairman Ben Bernanke suggested in a taped interview yesterday that the US recession could last most of the year and said the biggest risk was that the political will needed to fix the fractured financial system could be lacking.
Saturday 14 March 2009
Friday 13 March 2009
China's premier today expressed concern about its holdings of Treasuries and other US debt, appealing to Washington to safeguard their value, and said Beijing is ready to expand its stimulus if economic conditions worsen.
Thursday 12 March 2009
Wednesday 11 March 2009
Last week, it was all smiles and handshakes as Gordon Brown and President Barack Obama put on a show of unity in Washington.
Thursday 26 February 2009
Wednesday 25 February 2009
Ben Bernanke, the chairman of the US Federal Reserve, held out the tentative hope yesterday that the severe recession in the United States might be brought to an end before the end of this year on condition that the correct steps are taken over the coming days and weeks to restore financial stability and to shore up teetering banks.
Sunday 22 February 2009
Friday 20 February 2009
Saturday 14 February 2009
Wednesday 28 January 2009
Citigroup, the banking giant which is being propped up with funds from the US taxpayer, has scrapped plans to take delivery of a $50m corporate jet, after a public outcry and a reprimand from President Barack Obama.
Tuesday 27 January 2009
Friday 16 January 2009
9 reasons Greece's experiment with the radical left is doomed to failure
'We would evict Queen from Buckingham Palace and allocate her council house,' say Greens
Have we reached 'peak food'? Shortages loom as global production rates slow
Greece elections: Syriza and EU on collision course after election win for left-wing party
British grandmother Lindsay Sandiford faces execution by firing squad in Indonesia
Liberal Democrat minister defends comments suggesting immigration causes pub closures
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