... Necessary but not likely to be sufficient: that is my verdict on the pre-budget report. Almost certainly, the size of this package means that Alastair Darling will be announcing a further injection of £20bn, or 1% of GDP, next March – perhaps as a...
... The central bankers' handbook, if one existed, would say that they should never surprise the markets. Changes in interest rates are normally telegraphed in advance. But these are not normal times. That is why the dramatic cut by the Bank of England today...
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...certain worried pundits these days. For a striking counterargument – and some much-needed nuance – look no further than Bill Emmott's "Rivals." Mr. Emmott, a former editor of The Economist and a longtime Asia-watcher, acknowledges that China will...
...with the diplomatic politeness that is due any head of an EU government, but should go no further than that. Brown's holidays would be far better spent in Dorset than Sardinia. · Bill Emmott is a former editor of the Economist ...
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