Plunging value of pound leaves £1.3bn black hole in Britain's defence budget: The warning is the latest, and most severe, indication of the damage that falling exchange rates have had on the Government’s ability to act abroad. UK banks downgraded by credit rating agency: Standard & Poor's blames move on Britain's weak economic environment and banks' dependence on state support The new foreclosure plague is tied more to the economy than bad mortgages. Here are 10 cities where defaults grew the fastest in 2009.
Saturday, 30 January 2010
By Nick Robinson
Even before the attacks on New York, he told the inquiry, "force was always an option... if necessary, we were going to remove him." Continue
By Michael Billington
What did we expect? That Tony Blair would break down in front of the Chilcot inquiry admitting he had taken Britain to war on the basis of flimsy intelligence? That he would beg God's forgiveness for the deaths of more than 100,000 Iraqis? That he would guiltily confess that at the famous meeting at Crawford, Texas, he had given George Bush unequivocal support for military action? Continue
By David Reilly
The idea of secret banking cabals that control the country and global economy are a given among conspiracy theorists who stockpile ammo, bottled water and peanut butter. After this week’s congressional hearing into the bailout of American International Group Inc., you have to wonder if those folks are crazy after all. Continue
By Johann Hari
This week, a disaster hit the United States, and the after-tremors will be shaking and breaking global politics for years. Continue
Corporations are people too!
By ERIC HENSAL AND WILLIAM KLEIN
"It's our democracy. We bought it, we paid for it, and we're going to keep it." Murray Hill Inc. Continue
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