The UK Treasury really should take a serious blatting around the head with a big stick. The US Fed misleads as a matter of course, but for the UK Treasury to have denied an obvious problem is simply outrageous.
World Trade: Iceland's lack of security for foreign investors
As Iceland's financial system freezes, measures to protect depositors have a disturbing undertone.
Economies: Europe adopts common position: it's broken
In the 1990s, as Dell and Compuserve opened offices in Dublin and Amsterdam respectively, they soon learned that Europe may have been legally and politically united but economically and socially it was a long way from being a "united states...
Economies: at last a bright spot
Singapore hosts its first F1 Grand Prix this weekend - and already the Lion City's pleased with the results.
Economies: how top up loans killed AIG
In AIG Nationalised I wrote "top-up cover.. allows buyers to borrow more than banks consider prudent." That's a ruthless statement but in a world where no one wants to say what they mean, it's time we stopped using nice, polite words a...
The news that the US Government has decided that it will, after all, bail out AIG in order to prevent total meltdown of the US financial sector)...
Economics: it's the coming down that hurts
Watching an entire world's economy go through cold turkey isn't nice - but like all addicts, the markets will try the occasional "lift"...
Economies: US bank trends continue
Another bank closes and more announce plans to restructure.
Business Strategies: eBay to be second-hand goods shop
The excitement is wearing off for eBay users, and a plethora of competitors are eating into its market or increasing its barriers to entry into n...
Business Strategies: UK shops reduce food bills - if you eat what they want you to eat.
The cut-price tin of beans or loaf of bread has long been at the heart of the drive to lure shoppers into one supermarket rather than another. Lo...
