Nikkei falls to 26-year low as Asian markets crash again
Asian stockmarkets tumbled again this morning as fears over a worldwide recession sparked another day of panic selling. The promise of another round of interest rate cuts was not enough to stem the slide, amid concerns that the economic crisis is spreading to emerging nations. Japan's Nikkei 225 index... [continued]
Economy: a trillion reasons to be gloomy
The Business Pages: all the latest on the financial crisis
Credit crunch bail-outs are a threat to democracy
PM defends plans to boost spending
Gordon Brown is expected to defend plans to increase public borrowing and spending as the only "responsible" way to tackle the economic crisis, in a speech later today. The Prime Minister will say that the Keynesian principle of increasing public spending and fast-tracking major projects is the right strategy to... [continued]
Economy: a trillion reasons to be gloomy
What happens when a Western economy dies
Big Book: Put not your trust in bankers
US raid kills eight in Syria
Syria has condemned the "aggressive" attack by US special forces along the Iraqi border, which saw eight people killed yesterday. American military helicopters are believed to have raided a farm in near Abu Kamal, five miles from the border. The dead, who are understood to include four children, were all... [continued]
What were warplanes doing in Syria?
Defiant McCain insists he can win
John McCain dismissed huge poll figures that show significant leads for his rival Barack Obama to claim that he is still well-placed to win next week's presidential election. In a defiant interview on NBC's Meet the Press, the Republican candidate said that he believed the race was heating up, and... [continued]
US Election 2008: reports of blame game in McCain camp
Alexander Cockburn: Would President McCain survive a full-term?
Americans: Cindy, the people’s First Lady
Mandelson denies oligarch favour
Lord Mandelson was yesterday forced to issue a new denial that he granted favours to the Russian oligarch Oleg Deripaska when he was European trade commissioner. It emerged over the weekend that only a month after Mandelson had accepted hospitality on the aluminium magnate's £80m yacht in Corfu, he advocated... [continued]