Ambrose Evans-Pritchard
Ambrose Evans-Pritchard is International Business Editor of The Daily Telegraph. He has covered world politics and economics for 30 years, based in Europe, the US, and Latin America. He joined the Telegraph in 1991, serving as Washington correspondent and later Europe correspondent in Brussels.
LATEST FROM AMBROSE EVANS-PRITCHARD
Mario Draghi fears Italian debt spiral
Italy risks a debt spiral without "drastic" steps to cut spending and restore confidence in public finances, the country's central bank governor has warned.
12 Oct 2011
China's debt spree returns to haunt
It's proving hard for the central bank to manage a calibrated 'soft-landing'.
11 Oct 2011
German push for Greek default risks 'snowball'
Germany is pushing behind the scenes for a 'hard' default in Greece with losses of up to 60pc for banks and pension funds, risking a chain-reaction across southern Europe unless credible defences are established first.
10 Oct 2011
Protectionism beckons as leaders push world into Depression
The world savings rate has surpassed its modern-era high of 24pc. This is the killer in the global system. It is why we are at imminent risk of tipping into a second, deeper leg of intractable depression.
02 Oct 2011
German bailout vote 'too little too late'
Bundestag voted overwhelmingly to boost the scope of the EU's rescue fund but implicitly capped its firepower at €440bn, leaving it no clearer whether Europe has the means to halt debt contagion to Italy and Spain.
29 Sep 2011
Debt crunch threatens emerging markets
Europe's banking woes have begun to set off a funding crunch in the emerging markets of Asia, Latin America, and Eastern Europe, leaving them nakedly exposed as the rich world slides into a double-dip downturn.
28 Sep 2011
Germany slams US plan to boost rescue fund
Germany and US on a collision course over handling of Europe's debt crisis after Berlin savaged plans to boost the EU rescue fund.
27 Sep 2011
German turmoil over EU bail-outs
Germany's top judge has issued a blunt warning that no further fiscal powers may be surrendered to Europe without a new constitution and a popular referendum, vastly complicating plans to boost the EU's rescue fund.
26 Sep 2011
Geithner Plan is last chance to avoid global catastrophe
Europe, the G20, and the global authorities have one last chance to contain the EMU debt crisis with a nuclear solution or abdicate responsibility and watch as the world slides into depression, endangering the benign but fragile order that has taken shape over the last three decades.
25 Sep 2011
Fear gauge enters the red zone
Europe's debt crisis risks escalating out of control as the world economy slides towards a double-dip slump with few shock absorbers left to limit the damage.
22 Sep 2011
Can China escape as world's debt crisis reaches Act III?
When America became the first casualty of the global credit bubble in 2007, Europe's political elites thought it had nothing to do with them.
18 Sep 2011
China 'faces subprime credit bubble crisis'
Monetary tightening in China threatens to pop the £1.07 trillion credit bubble in local government finance and expose the country's simmering "subprime" crisis, according to the Communist Party's economic guru.
17 Sep 2011
Brown fears crisis worse than Lehman
Gordon Brown has warned that Europe's fast-escalating crisis is now more dangerous than the Lehman Brothers disaster three years ago, threatening to tip the West into a 1930s-style slump.
16 Sep 2011
China risks hard landing as global woes spread
China will not be able to buttress the global economy a second time.
15 Sep 2011
IMF: Europe must take 'decisive action' on banking crisis
The International Monetary Fund has issued its starkest warning to date that Europe's banking debacle is turning into a systemic threat to global finance and can no longer be allowed to fester.
14 Sep 2011
China wants to break the ultimate taboo
China has punctured the last delusion. There will be no rescue of Italy until Europe agrees to major strategic concessions, and only after EMU's fiscal sinners clean house.
14 Sep 2011
China states price for Italian rescue
China has called for major strategic concessions from Europe before agreeing to rescue the eurozone, chilling hopes for immediate purchases of Italian bonds.
14 Sep 2011
Germany and Greece flirt with mutual assured destruction
Bild Zeitung populism has prevailed. Germany is pushing Greece towards a hard default, risking the uncontrollable chain reaction so long feared by markets.
11 Sep 2011
Germany pushes Greece to the brink over bail-out
Germany and Holland threaten to block rescue payments to Greece.
08 Sep 2011
Germany backs eurozone rescue
Financial markets breathed a collective sigh of relief after Germany's top court gave its backing to sovereign debt rescue policies but tempered optimism by putting obstacles in the way of any future bail-outs.
07 Sep 2011
German court curbs future bail-outs, bans fiscal union
A Evans-Pritchard: Germany delivers Solomonic judgment on rescue plans.
07 Sep 2011
German austerity drive risks Euro-slump
Finance minister vows to halt Greek aid unless country complies with IMF.
06 Sep 2011
Switzerland abandons floating exchange rate
The era of global 'currency wars' has taken a dramatic turn after Switzerland abandoned its floating exchange rate, setting a floor against the euro to counter safe-haven flight from eurozone debtors.
06 Sep 2011
IMF: global economy faces 'downward spiral'
The International Monetary Fund has called on the US and Europe to abandon fiscal austerity and switch to stimulus measures, warning that the global economy faces a "threatening downward spiral".
04 Sep 2011
German endgame for EMU draws ever nearer
For fifty years Germany has invariably stumped up the money required to keep Europe’s Project on track, responding to unreasonable demands with grace and generosity.
04 Sep 2011
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