Author

 
Larry Elliot

Larry Elliot

    2008 all over again and the banks' fail-safe will be you
    2008 all over again and the banks' fail-safe will be you
    A look into the future: British Prime Minister David Cameron's nightmare has come true; the slowdown in the global economy has turned into a second...
    Capitalism is about profit, not charity
    Capitalism is about profit, not charity
    Last week, I was waiting in the queue at the butcher while an elderly lady was being served. Clearly, she was not that well-off and chose the...
    Cyprus: Shackled to a zombie economy
    Cyprus: Shackled to a zombie economy
    The good news for the eurozone was that the markets reacted well to the bailout deal for Cyprus. The bad news was that the rally barely lasted...
    UK banks may face 60bn shortfall
    UK banks may face 60bn shortfall
    They warned that they will be forced to find ways to fill a shortfall that could be as much as £60-billion.
    US economic woes to be election deciding factor
    US economic woes to be election deciding factor
    The great recession has been hard on world leaders. Gordon Brown, Nicolas Sarkozy and Silvio Berlusconi are all history. Angela Merkel has her date...
    World faces tough choices on food
    World faces tough choices on food
    Now the increase in the price of maize, wheat and soya beans in the past three months –  the third spike in the past five years –...
    Battle won but fiscal war not over
    Battle won but fiscal war not over
    Europe's leaders are claiming victory in the eurozone crisis after agreeing to new deals that halve Greek debt and increase the firepower of the...
    Greece: The new Lehmans
    Greece: The new Lehmans
    It was less than three years ago that the failure of Lehman Brothers sent tremors through the global financial system, threatening the existence of...
    Recovery may run out of steam, says IMF
    Recovery may run out of steam, says IMF
    Recovery from the worst recession since the 1930s is weak, unbalanced and runs the risk of running out of steam, the International Monetary Fund...
    Twilight of American century
    Twilight of American century
    'This sucker's going down" was George W Bush's pithy description of the United States' economy when the financial crisis of late 2008 threatened to...
    A challenging baptism
    A challenging baptism
    When Barack Obama enters the White House, the first briefing the new president gets on the economy from the United States treasury and the Federal...
    Don't bet on a soft landing
    Don't bet on a soft landing
    Scroll the film forward a year. It's January 2007 and time for Davos again. Only one topic of discussion interests the "fat cats in the snow" (as...