Central bankers are slashing interest rates, but not in SA, reports Maya Fisher-French.

It was a bad plan — but it was a plan. The refusal of the US House of Representatives to back Hank Paulson’s bail out takes us into new territory.

The true impact of this plan lies in the limitations it will place on other areas of public spending, writes Bill Emmott.

If this is the death of Wall Street as we know it, the tombstone will read: killed by complexity.

Larry Elliott takes a look at the bail-out which is a nationalisation designed to avert the worst market collapse since the 1930s.

Share prices dropped sharply on the world’s financial markets early last week amid fears that the year-long credit crunch is entering a dangerous new