Australia has cut interest rates by 1%. In the UK Alastair Darling pleads with Mervyn King to cut rates but is doing nothing to back
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I said it on Sunday, and I’ll say it again now, any bail out of the banks has to have enormous conditions attached. They are
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Tomorrow morning it seems likely that £50 billion will be injected into the banking system. Tonight the market capitalisation of RBS is £14.9 billion. Barclays
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At the weekend Gordon Brown appointed a National Economic Council to see us through the credit crunch. It includes Marcus Agius, chairman of Barclays, and
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Yesterday’s call on this blog to neuter the world’s tax havens has transferred to the Guardian today. As Larry Elliot says: Robert Zoellick, the World
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From this morning’s FT: We would also not be surprised to see the Icelandic krona lose its function as a medium of payment The neo-liberal
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These are my links for October 6th: BBC NEWS | Business | Iceland guarantees bank accounts – Completely mad: Iceland cannot back the guarantee Gov.
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