UK economy to enter recession
After both the Governor of the Bank of England and the Prime Minister have hinted at it this week, official statistics are today expected to show that the British economy is entering recession for the first time in 16 years. Economists have predicted that Britain's GDP will shrink by... [continued]
What happens when a Western economy dies 
Big Book: Put not your trust in bankers
Alan Greenspan takes credit crunch blame
Alan Greenspan, the former chairman of the US Federal reserve, admitted yesterday to a Washington committee that his deregulation policies had led to the current crisis engulfing the global economy. Under questioning by the House oversight committee, he said he had been "partially wrong" in his hands-off approach towards... [continued]
What happens when a Western economy dies
Credit crunch bail-outs are threat to democracy
Alexander Cockburn: Would McCain last his full term?
Deripaska feud sealed Osborne’s fate
George Osborne's political torment is being prolonged because he unwittingly brought the Russian billionaire Oleg Deripaska into the public eye at the worst possible time for the oligarch. Deripaska has lost more than $10bn over the last few weeks as the ongoing economic turmoil has hit the prices of... [continued]
Oleg Deripaska, last man standing
People: Rothschild and Deripaska’s big plan
McCain hit by cancer claim
John McCain's health has re-emerged as an election issue, as the presidential race enters its last lap with the Arizona senator trailing by large margins in the polls. John Alan, a cancer specialist based in Massachusetts, has run McCain's medical history through a model that predicts life expectancy after... [continued]
Alexander Cockburn: Would President McCain survive a full-term?
Americans: Cindy, the people’s First Lady
US Election 2008: McCain closes in on Obama in some polls – but not others
Olympics £500m short of funds
The 2012 London Olympics budget is currently £500m short of its target for private sector funding as firms scale back on their commitments due to the credit crunch. Tessa Jowell, the Olympics minister, admitted yesterday that the Games organisers have had to lower their expectations for corporate contributions.... [continued]
Fresh drone attack in Pakistan
America has risked stirring up fresh unrest in Pakistan after its latest attack on the Asian nation's territory left seven people dead after a drone fired three missiles at a religious college. It is believed the madrassa in North Waziristan was targeted because the jihadist Jalaluddin Haqqani, who has... [continued]
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