The country in the firing line is Italy, which accounts for 20% of the eurozone’s output, as opposed to Greece’s 3%.
As the cost of default insurance soars, the IMF
has warned dithering eurozone policymakers to move quickly to contain the danger of contagion.
The powerhouse of the 20th century emerged stronger from the Depression. But faced with structural weaknesses can the US do it again?
The nuclear threat makes assessment of the earthquake’s economic impact difficult.
A golden decade is predicted in Germany, which has made a remarkable comeback.
There are shades of the 1970s in today’s inflation, financial instability and political chaos, writes <strong>Larry Elliott</strong>.
Tough stipulations imposed by the organisation may have led to health aid being diverted to other uses, according to research.
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/ 29 November 2010
Spanish bailout unlikely, but costs could be ‘devastatingly high’.
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/ 15 November 2010
The UN warned that a continued failure to tackle climate change was putting at risk decades of progress in improving the lives of the poor.
It has raised interest rates and its dollar has replaced the Swiss franc as the world’s fifth most traded currency