We all know that in politics, "it's about the economy, stupid." But does that mean that all economic policies have to be stupid? On the evidence of his second TV debate with Obama, Senator John McCain seems to think so.
Economies: UK freezes Icelandic bank assets; intervenes in another division
The UK Treasury has today announced the freezing of assets in the UK of Landsbanki's Icesave and intervention in Heritable, another Landsbanki unit in the UK
Economies: UK acts on Iceland's Kaupthing
The UK Treasury has intervened in the UK subsidiary of Kaupthing Singer & Friedlander, Iceland's biggest bank.
Economies: Iceland nationalises another bank
The government of Iceland has stepped in to take over another bank.
Economies: UK Treasury statement on bank support
The UK Treasury statement on financial support for the banking sector, released at 08:00 GMT today.
As the blood-letting across the world's stock markets continued, Indonesia saw a 10% fall in a matter of hours and has closed pending stabilisati...
Economies: Socialism's big day
Britain's Left, led by Gordon Brown who, with Tony Blair has presided over a stealthy but steady move towards both socialism and republicanism in...
Economies: Iceland near collapse
In a reversal of fortunes, Russia which went broke a decade ago until the IMF relented and let it have more money is now the proposed white knigh...
Economies: Iceland nationalises bank
After the Krona fell 30% against the Euro yesterday and Iceland's FSA suspended trading in banking shares, one of the biggest banks in the countr...
Economies: Aus cuts interest rates.
Australia has taken the drastic step of a large cut in interest rates.
