Switzerland is fighting a losing battle to stop massive inflows of funds from investors fleeing sovereign risk in the euro area and the rest of the world. 21 Jul 2010 The collapse of talks with the IMF is a chilly reminder that sovereign debt crises do not end with a rescue package and a click of the fingers. 19 Jul 2010 Euroland's authorities are inflicting a triple shock of fiscal, monetary, and currency tightening on a broken economy. They are doing so in a region where industrial output is still 14pc below its peak, where growth barely scraped above zero over the winter "recovery", and where youth unemployment is at 40pc in Spain, 35pc in Slovakia, 29pc in Italy, and 26pc in Ireland. 18 Jul 2010 Rarely before have a few coded words in the minutes of the US Federal Reserve caused such an upheaval in the global currency system. 15 Jul 2010 A third of Spain's city councils are in dire straits and may be forced to suspend payments by the end of the year, replicating the woes in the US. 13 Jul 2010 China's leading credit rating agency has stripped the US, UK, Germany and France of their AAA ratings, accusing Anglo-Saxon rivals of ideological bias. 12 Jul 2010 Germany is sizzling, for now. Manufacturing output grew at an annual rate of 26pc from March to May. Mercedes, BMW, and Audi are ramping up overtime. Economic growth in the second quarter may top 5.2pc. 11 Jul 2010 International Monetary Fund calls on ECB for fresh emergency action to calm debt markets. 08 Jul 2010 A full-fledged disintegration of the eurozone would trigger the worst economic crisis in modern history a new report argues. 07 Jul 2010 Standard Chartered tells clients to prepare for a fall in property prices of up to 30pc in Beijing, Shanghai, Shenzen, and other large cities. 06 Jul 2010 City institutions have warned that Europe’s stress tests for banks are almost useless and may further damage confidence. 05 Jul 2010 The US workforce shrank by 652,000 in June, one of the sharpest contractions ever. The rate of hourly earnings fell 0.1pc. Wages are flirting with deflation. 04 Jul 2010 Spain's debt crisis may force the country to tap the EU-IMF rescue fund over the next two to three months and set off a political storm, according a confidential report by the Bank of America Merrill Lynch. 02 Jul 2010 Fears of an economic relapse across the world have begun to stalk markets as data weakens. 01 Jul 2010 Fears for the survival of German Chancellor Angela Merkel sent tremors through markets. 30 Jun 2010 Global bond markets are flashing warning signals of a sharp slowdown in growth across the world and a possible slide toward a double-dip recession and outright deflation. 29 Jun 2010 Authorities should tighten monetary policy in combination with austerity measures, Bank says. 28 Jun 2010 Europe's banks have yet to come clean over bad loans and may struggle to refinance short-term debt, the Bank for International Settlements has warned. 28 Jun 2010 As recovery starts to stall in the US and Europe with echoes of mid-1931, bond experts are once again dusting off a speech by Ben Bernanke given eight years ago as a freshman governor at the Federal Reserve. 27 Jun 2010Ambrose 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
Swiss endure safe-haven agony from euro flight
Hungary's IMF revolt augurs ill for Greece
Stress-testing Europe's banks won't stave off a deflationary vortex
Fed's volte face sends the dollar tumbling
Spain 'relying on short-term funding' as councils go bust
Chinese rating agency strips West of AAA status
Deutschland über alles does not mean a trickledown recovery in EMU
IMF tells Europe to inject more stimulus to offset cuts
EMU break-up would unleash a global crisis, warns ING
China's property market braced for 30pc drop
Europe’s ‘toothless’ bank tests making matters worse
With the US trapped in depression, this really is starting to feel like 1932
Spain may need financial rescue, says Merrill
MORE FROM AMBROSE EVANS-PRITCHARD
Spectre of an economic relapse stalks markets
Merkel's political woes punctures euphoria
Warning signals of a double-dip recession flash across the world
BIS warns that era of low rates must end
BIS: Europe's banks are still on 'life support'
RBS tells clients to prepare for 'monster' money-printing by the Federal Reserve
Sunday, 25 July 2010
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