Floods paralyse Indonesian capital of Jakarta

Indonesia's army deployed rubber boats in the capital's business district today to rescue people trapped in floods that inundated much of the city of 14 million people. The president was pictured standing in water up to his shins — his trousers rolled up — at the palace waiting for the arrival of Argentina's leader on a state visit.

Sven-Goran Eriksson

Former England manager Sven-Goran Eriksson returns to football with 1860 Munich

64-year-old to assist at German second division side

The Chessmen, By Peter May. Quercus, £14.99

Joyce once described Ireland as a priest-ridden country. God knows what he would have made of the Hebrides as presented in Peter May's accomplished trilogy, of which The Chessmen is the concluding volume. The influence of a hidebound church is all-pervasive and all-stultifying. But this is only part of the rich texture with which May has invested these books, elevating them above most contemporary crime fiction.

Delhi rape suspects have been beaten, says lawyer

Police badly beat the five suspects arrested in the brutal gang rape and killing of a young woman on a New Delhi bus, the lawyer for three of the men said today, accusing authorities of tampering with evidence in the case that has transfixed India.

Jérôme Cahuzac welcomed news of the investigation

French tax-the-rich minister 'hid money in Swiss bank'

The French minister responsible for enforcing new taxes on the rich is to be investigated for tax evasion.

As cliffhanger ends, is it time to invest in US?

Problems still loom, but world-class companies are always worth a punt. Emma Dunkley reports

Markets set for fiery day after US 'fiscal cliff' deal

Global stock markets are expected to face turbulent trading when they re-open today as investors give their initial verdict on the US budget agreement to avert the "fiscal cliff" of combined general tax rises and public spending cuts.

Turmoil fear as US pulls back from 'fiscal cliff'

Markets worldwide face volatility after late compromise on tax rises and spending cuts

Osamu Suzuki, left, is the fourth adopted son to run the family company

No heir to run the company? Why adult ‘adoption’ is big business in Japan

Family firms in Japan often rely on adult adoptees to help retain dynastic control. Finding a match has become an industry in itself

Labour offers UK hope, says Ed Miliband

Ed Miliband today branded the coalition “a bad Government that is letting down the good people of this country”, in a New Year's message promising that Labour will offer Britain hope in 2013.

The Big Six: British urban B&Bs

The Pig in the Wall, Southampton

In October, this little piggy was trotted out by the people behind Hampshire's rural sweethearts – Lime Wood Hotel and The Pig in the Forest. The latest plot stands in a 15th-century wool house in Southampton's medieval walls, with the same rustic feel as its sister properties, but fewer rooms (just 12 this time) and no formal restaurant. Instead, breakfast is served before an open fire in the lounge and a free transfer is available to whisk guests to dinner at The Pig in the Forest.

The Pig in the Wall, Southampton, Hampshire SO14 2AZ (023-8063 6900; thepighotel.com). Doubles from £115. Breakfast £10pp.

Editorial: Mr Obama wins, with or without a budget deal

The broad principles of a long-term solution to the US budget deficit are clear

Finance Bill - reactions from the property world

The Government's tax change announcement has met with a mixed reaction from estate agents

Diageo calls time on Jose Cuervo talks

Drinks giant Diageo has called time on its bid to buy Mexico's Jose Cuervo tequila brand, ending year-long talks.

Page 3 Profile: King Bhumibol Adulyadej, The grand old King of Thailand

The only monarch older than Queen Elizabeth II?

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Pompeii, Capri & the Bay of Naples
Seven Cities of Italy
Burgundy, the River Rhone & Provence
Prague, Budapest and Vienna
Lake Garda
Minoan Crete and Santorini
Prices correct as of 15 May 2015
Isis profits from destruction of antiquities by selling relics to dealers - and then blowing up the buildings they come from to conceal the evidence of looting

How Isis profits from destruction of antiquities

Robert Fisk on the terrorist group's manipulation of the market to increase the price of artefacts
Labour leadership: Andy Burnham urges Jeremy Corbyn voters to think again in last-minute plea

'If we lose touch we’ll end up with two decades of the Tories'

In an exclusive interview, Andy Burnham urges Jeremy Corbyn voters to think again in last-minute plea
Tunisia fears its Arab Spring could be reversed as the new regime becomes as intolerant of dissent as its predecessor

The Arab Spring reversed

Tunisian protesters fear that a new law will whitewash corrupt businessmen and officials, but they are finding that the new regime is becoming as intolerant of dissent as its predecessor
King Arthur: Legendary figure was real and lived most of his life in Strathclyde, academic claims

Academic claims King Arthur was real - and reveals where he lived

Dr Andrew Breeze says the legendary figure did exist – but was a general, not a king
Who is Oliver Bonas and how has he captured middle-class hearts?

Who is Oliver Bonas?

It's the first high-street store to pay its staff the living wage, and it saw out the recession in style
Earth has 'lost more than half its trees' since humans first started cutting them down

Axe-wielding Man fells half the world’s trees – leaving us just 422 each

However, the number of trees may be eight times higher than previously thought
60 years of Scalextric: Model cars are now stuffed with as much tech as real ones

60 years of Scalextric

Model cars are now stuffed with as much tech as real ones
Theme parks continue to draw in thrill-seekers despite the risks - so why are we so addicted?

Why are we addicted to theme parks?

Now that Banksy has unveiled his own dystopian version, Christopher Beanland considers the ups and downs of our endless quest for amusement
Tourism in Iran: The country will soon be opening up again after years of isolation

Iran is opening up again to tourists

After years of isolation, Iran is reopening its embassies abroad. Soon, there'll be the chance for the adventurous to holiday there
10 best PS4 games

10 best PS4 games

Can’t wait for the new round of blockbusters due out this autumn? We played through last year’s offering
Transfer window: Ten things we learnt

Ten things we learnt from the transfer window

Record-breaking spending shows FFP restraint no longer applies
Migrant crisis: UN official Philippe Douste-Blazy reveals the harrowing sights he encountered among refugees arriving on Lampedusa

‘Can we really just turn away?’

Dead bodies, men drowning, women miscarrying – a senior UN figure on the horrors he has witnessed among migrants arriving on Lampedusa, and urges politicians not to underestimate our caring nature
Nine of Syria and Iraq's 10 world heritage sites are in danger as Isis ravages centuries of history

Nine of Syria and Iraq's 10 world heritage sites are in danger...

... and not just because of Isis vandalism
Girl on a Plane: An exclusive extract of the novelisation inspired by the 1970 Palestinian fighters hijack

Girl on a Plane

An exclusive extract of the novelisation inspired by the 1970 Palestinian fighters hijack
Why Frederick Forsyth's spying days could spell disaster for today's journalists

Why Frederick Forsyth's spying days could spell disaster for today's journalists

The author of 'The Day of the Jackal' has revealed he spied for MI6 while a foreign correspondent