Borrowing costs flash warning signs again on fears the full damage from the banking crisis are yet to surface. 11 Aug 2010 Don't be fooled: a food and oil price spike is not and cannot be inflationary in those advanced industrial economies where the credit system remains broken, the broad money supply is contracting, and fiscal policy is tightening by design or default. 08 Aug 2010 Russian halts all exports of grains, raising the stakes dramatically in the crisis over wheat supplies. 05 Aug 2010 Drought has lifted wheat futures, but this is a very different story from the global food crisis two years ago. 04 Aug 2010 Short-term US Treasury yields drop to historic lows on mounting expectations of extra stimulus from the Fed. 03 Aug 2010 July car sales have plummeted in Italy, compounding the country’s woes as political crisis threatens months of wrangling. 02 Aug 2010 The United States and Europe have been remarkably insouciant about supplies of rare earth minerals so crucial to frontier technologies, from hybrid engines to mobile phones, superconductors, radar and smart bombs. 01 Aug 2010 European banks face a serious funding threat over the next two years as authorities withdraw emergency support, S&P says. 29 Jul 2010 27 Jul 2010 India's move to raise rates underlines the stark contrast with West. 27 Jul 2010 Europe's bank stress tests have reduced pressure on Spanish lenders but so far done little to ease broader strains in interbank credit markets. 26 Jul 2010 As they prepare for holiday reading in Tuscany, City bankers are buying up rare copies of an obscure book on the mechanics of Weimar inflation published in 1974. 25 Jul 2010 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 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
Irish debt under fire on fresh bank jitters
Commodity spike queers the pitch for Bernanke's QE2
Agflation fears as Russia halts all grain exports
Wheat storm will soon blow itself out
US bond yields fall to record low on Fed hopes
Italy trapped in economic slow lane
Hot political summer as China throttles rare metal supply and claims South China Sea
Europe's €30 trillion headache
Drip after drip of deflation data
World splits as East tightens while West stays loose
Spain shines on stress test, Germany flunks
The Death of Paper Money
Swiss endure safe-haven agony from euro flight
MORE FROM AMBROSE EVANS-PRITCHARD
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
Sunday, 15 August 2010
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