Japan is drifting helplessly towards a dramatic fiscal crisis. For 20 years the world's second-largest economy has been able to borrow cheaply from a captive bond market, feeding its addiction to Keynesian deficit spending – and allowing it to push public debt beyond the point of no return. 01 Nov 2009 This is a treacherous moment for markets as authorities across the world take steps to wean their economies off emergency stimulus. 29 Oct 2009 Bank lending to firms and households in the eurozone has fallen for the first time, raising fears of an economic relapse and a slide into deflation. 27 Oct 2009 Latin America was an integral part of the British mercantile system in the 19th Century. Argentina was known as the honorary Spanish-speaking member of the imperial family. Harrods opened its only foreign branch in Buenos Aires. 26 Oct 2009 Biofuel refineries in the US have set fresh records for grain use every month since May. Almost a third of the US corn harvest will be diverted into ethanol for motors this year, or 12pc of the global crop. 25 Oct 2009 France has given its clearest indication that the surging euro is a threat to Europe's fragile recovery and will not be tolerated much longer. 20 Oct 2009 Britain has twice averted disaster over the past century by a timely – if humiliating – crash in sterling. In neither case was it obvious that this would lead to a decade-long revival in British fortunes. 18 Oct 2009 The British people are living in a fool's paradise and have yet to understand the gravity of the economic crisis, according a former head of the FSA. 15 Oct 2009 Germany's leading institutes say the pace of economic recovery is "unsustainable" and the country's banks may face a fresh crisis. 15 Oct 2009 Engineers have performed their magic once again. The world is not going to run short of energy as soon as feared. 11 Oct 2009 You can date the end of dollar hegemony from China's decision last month to sell its first batch of sovereign bonds in Chinese yuan to foreigners. 06 Oct 2009 The Baltic states are once again in the eye of the storm after leaked reports that Sweden is bracing for a political and economic "breakdown" in Latvia. 05 Oct 2009 The deed is done. Ireland has been coerced at a moment of acute distress into accepting an EU treaty that emasculates the Irish Supreme Court and that voters have already rejected once. 04 Oct 2009Ambrose Evans-Pritchard
Ambrose Evans-Pritchard has covered world politics and economics for a quarter century, based in Europe, the US, and Latin America. He joined the Telegraph in 1991, serving as Washington correspondent and later Europe correspondent in Brussels. He is now International Business Editor in London.
LATEST FROM AMBROSE EVANS-PRITCHARD
It is Japan we should be worrying about, not America
Central banks chill asset rally
Deflation fears as Eurozone and US credit contracts
Britain needs to learn to love Latin America again
Food will never be so cheap again
Euro at $1.50 is 'disaster' for Europe
A sterling crash is a godsend
Sir Howard Davies sees 'dramatic’ risks for Britain
German 'Wise Men' fear credit crunch in 2010
Energy crisis is postponed as new gas rescues the world
China calls time on dollar hegemony
Banks brace for Latvia's full-blown collapse
The result in Ireland shows that Europe's usurpers have succeeded
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Sunday, 8 November 2009
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