Financial crisis ‘worse than 1930s’
The financial crisis will be "more extreme and more serious than that of the 1930s", cabinet minister Ed Balls has predicted as the Tories opened up a 14-point lead over Labour. Mr Balls, a former economic adviser to Gordon Brown, said the global recession would be the... [continued]
Pros and Cons: bonuses for bankers 
Search on for Australia arsonists
As firefighters continue to tackle blazes throughout Victoria and New South Wales, a special taskforce has been announced to hunt down the arsonists believed to be responsible for the worst natural disaster in Australia's history. Victorian Police said they expected to release a photofit of a suspected arsonist operating... [continued]
In pictures: Australia burns
Bankers to apologise over collapse
The bankers who led Royal Bank of Scotland and HBOS to the brink of collapse are expected to offer a public apology in Parliament. But amid the furore over bankers' bonuses, they will also seek to point out that they have personally been "punished for failure", losing... [continued]
Pros and Cons: bonuses for bankers
Boot is on the other foot for 'bankster' Del Biaggio
Obama urges backing for bail-out
US President Barack Obama has urged Congress to pass his $800bn (£541bn) stimulus plan, warning that delaying it would worsen a "full-blown crisis". In his first White House prime-time news conference, Mr Obama said only government could break the vicious cycle crippling the US jobs market.... [continued]
Boot is on the other foot for 'bankster' Del Biaggio
Bail-out is the biggest bank heist ever
Glimmer of hope as retail sales rise
Retailers have seen a rise in sales last month as heavy discounting drove the best performance on the UK high street since May. The value of sales increased 1.1 per cent on a like-for-like basis in January compared to a year ago, which also marked the first... [continued]
Green shoots are nothing but a mirage - for now
Polls open as Israeli PM steps down
Polls have opened across Israel in an early election called by Prime Minister Ehud Olmert, who is stepping down. The favourite to become prime minister is Binyamin Netanyahu, leader of the right-wing opposition party, Likud. But his opinion-poll lead has been reduced in recent... [continued]
Avigdor Lieverman: Israel's new hard man
Waltz with Bashir out of step with Lebanese
Ex-Met chief backs church BNP ban
Former Metropolitan Police Commissioner Sir Ian Blair is backing calls for a ban on Church of England clergy joining the far-right British National Party. Sir Ian is joining Met civilian worker Vasantha Gnanadoss at the General Synod, the Church's national assembly, to show his support for her... [continued]
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