The chief of the Bank of England says claims of misconduct in the foreign exchange market are being pursued relentlessly.
Unemployment is set to worsen globally, posing the risk of social unrest as inequality worsens.
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/ 18 November 2011
The prospect of a eurozone break-up intensified as borrowing costs around the region soared.
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/ 7 September 2010
NGOs claim the EU’s biofuel target has led to a
grab of fertile land and the felling of virgin forest.
There is good reason for investment and development but arable land is being snapped up in dodgy deals.
Central banks warn that pace of economic recovery is likely to be slow and ‘choppy’.
Bloomsbury assured the market last week that the magic has not deserted it in the post-Harry Potter era and it is banking on a strong line-up of books in the year ahead. Reporting 2007 results, the publisher said it not only benefited from big sales for the final boy-wizard instalment, but also from the success of Khaled Hosseini’s <i>The Kite Runner</i> and <i>A Thousand Splendid Suns</i> and other books.
It was a potent symbol of a new world order on August 21 when China raised interest rates for the fourth time this year in a desperate attempt to cool an overheated local economy. The move comes at a time when central bankers in the West are wondering whether they should be cutting the cost of borrowing to stave off a potential economic downturn caused by the credit crisis.
A cheeky, speaking vegetable is just weeks away from bounding on to Chinese cinema screens. When <i>The Magic Gourd</i> opens at the end of this month, the Chinese-language film will mark a departure for Walt Disney and a step-change in its charm offensive in emerging markets.
BBC Worldwide’s annual sales show for buyers from around the world reflects the broadcaster’s need to make a profit from exporting its shows to close the gap in funding after the recent licence-fee settlement in Britain. For five days, 560 self-confessed telly addicts from Argentina to India fill 500 TV booths in Brighton’s conference centre for marathon viewing sessions of shows such as <i>Life on Mars</i>, <i>Planet Earth</i> and <i>Robin Hood</i>.