EU authorities fear that China's purpose in buying eurozone debt may be double-edged, intended to push up the euro exchange rate against the yuan and gain advantage for exports. 13 Jan 2011 Germany and France have rejected calls by Brussels for a rapid increase in the size and powers of the EU's rescue machinery, once again exposing serious differences at the heart of monetary union. 12 Jan 2011 Portugal's leaders vowed yesterday to overcome the country's debt woes without the need for an EU-IMF loan package, despite dissent within its own central bank and pressure from northern Europe for a fast resolution of the crisis. 12 Jan 2011 The eurozone's debt crisis is once again in danger of spiralling out of control after yields on Portuguese debt spiked to a post-EMU high and contagion hit Spain and Belgium. 10 Jan 2011 The US is drifting from a financial crisis to a deeper and more insidious social crisis. 09 Jan 2011 Brussels has called for sweeping powers for EU regulators to seize failing banks, sack board members and impose haircuts on senior bank debt, to ensure that taxpayers are never again held hostage by high finance. 06 Jan 2011 The European Commission will on Thursday press ahead with plans to spread the burden of EU bank failures to senior bondholders, marking the start of harsher times for Europe’s creditors. 05 Jan 2011 In a sweeping report entitled "The World in 2050", the bank predicts the greatest global boom of all time over the next forty years as the rising powers of Asia, the Middle East, and Latin America get into full stride. 05 Jan 2011 Poland and the Czech Republic can afford to take their time before committing irrevocably to the rocky euro. For Estonia and fellow Baltic states, EMU is a strategic imperative. 04 Jan 2011 From the overheating East to a troubled West, Ambrose Evans-Pritchard offers his predictions on the global economy next year. 03 Jan 2011 Fears that Beijing's measures to choke off inflation may knock away the central prop of global recovery. 30 Dec 2010 Italy's borrowing costs have jumped to the highest level since the financial crisis two years ago, raising concerns that Europe's biggest debtor may slip from the eurozone's stable core. 29 Dec 2010 The cost of default insurance on eurozone bonds has surged to an all-time high on reports that Greece is preparing the way for a sovereign debt restructuring after 2013, with tacit support from the EU authorities. 24 Dec 2010 Willem Buiter, the Citigroup chief economist and former UK rate setter, warns of a fresh wave of bank failures and a string of sovereign defaults in Europe unless EU leaders come up with a credible response to the crisis. 22 Dec 2010 Citigroup has warned of a fresh wave of bank failures and sovereign defaults in Europe unless EU leaders come up with a credible response to the crisis. 21 Dec 2010 Pimco, the world's largest bond fund, has called on Greece, Ireland and Portugal to step outside the eurozone temporarily and restructure their debts unless the currency bloc agrees to a radical change of course. 20 Dec 2010 If Germany and its hard-money allies genuinely wish to save the euro – which is open to doubt – they should stop posturing, face up to the grim imperative of a Transferunion, and desist immediately from imposing their ruinous and reactionary policies of debt deflation on southern Europe and Ireland. 19 Dec 2010 The ECB is to double its capital base to cope with 'credit risk' stemming from the eurozone debt crisis, paving the way for direct action to shore up the Spanish debt markets if necessary. 17 Dec 2010 Germany has refused to give any ground on Europe's rescue machinery despite the escalating political and economic crisis across much of the eurozone periphery. 16 Dec 2010 Europe's debt woes have moved closer to the core of monetary union after Standard & Poor's threatened to downgrade Belgium over the failure of Flemings and Walloons to form a government. 15 Dec 2010 The EU’s Franco-German "Directoire" and the European Central Bank have between them ruled out all plausible solutions to the eurozone’s debt crisis. 12 Dec 2010 Wikileak cables from the US embassy in Zimbabwe allege that President Robert Mugabe's family and the central bank governor are involved in the illegal smuggling of diamonds from the Marange fields. 10 Dec 2010 Agreement in Washington on a fresh fiscal package has set off dramatic rise in yields of US Treasuries and bonds across the world, threatening to short-circuit any benefits of stimulus. 08 Dec 2010 Iceland has finally emerged from deep recession after allowing its currency to plunge and washing its hands of private bank debt, prompting an intense the debate over whether Ireland might suffer less damage if adopted the same strategy. 08 Dec 2010 Others may gripe about barriers in China but Anglo-Dutch group AkzoNobel is minting euros supplying the greatest housing and infrastructure boom the world has ever seen. 06 Dec 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
Europe fears motives of Chinese super-creditor
France and Germany veto increase in EU rescue fund
Portugal defiant as pressure builds for rescue
EMU debt crisis edges ever closer to the core
America's poorer half trapped in Depression as Wall St booms
Europe unveils sweeping plans to govern banks
EU haircuts plan unsettles debt markets
HSBC sees China and US leading megaboom
Estonia no guide for others on rocky euro
Overheating East to falter before the bankrupt West recovers
China slows as tightening bites
Italy's debt costs approach red zone
Record spike in EMU default risk
Citigroup fears wave of eurozone defaults
Citigroup warns of fresh wave of bank failures
'Untenable policies will lead to euro break-up'
Self-righteous Germany must accept a euro-debt union or leave EMU
ECB doubles capital base to stem Spanish crisis
Germany defiant as Europe suffers
Eurozone debt crisis spreads to Belgium
The eurozone is in bad need of an undertaker
Zimbabwe's 'Blood Diamonds' exposed by Wikileaks
Global bond rout deepens on US fiscal worries
Iceland offers risky temptation for Ireland as recession ends
AkzoNobel strikes rich in China, led by Dulux dog
Sunday, 16 January 2011
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