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
Europe democracies must not subcontract their destiny to the Bundebank
Europe has lit the fuse on an economic and financial bomb. The rescue package for Spain cannot plausibly be contained to €100bn once it begins, given the subordination of private creditors and collapse of global confidence in the governing structure of monetary union.
10 Jun 2012
| 36 CommentsSpain too big for EU rescue fund as China recoils
As Spain edges closer to a full sovereign rescue, economists have begun to doubt whether the EU bail-out machinery can raise such large sums funds at viable cost on global capital markets.
07 Jun 2012
| 400 CommentsSpain makes plea for EU aid for troubled banks
Spain has admitted for the first time that it can no longer raise money on the global markets or roll over its sovereign bonds, threatening to set off a dangerous escalation of Europe's debt crisis.
05 Jun 2012
| 435 CommentsGlobal slump alert as world money contracts
Growth of the world money supply has dropped to the lowest level since the financial crisis of 2008-2009, heralding a severe economic slowdown later this year unless authorites rapidly take action.
04 Jun 2012
| 533 CommentsPortugal props up banks with €6.6bn
Portugal is to inject up to €6.65bn (£5.4bn) into three of its biggest banks to meet an EU deadline for higher capital ratios by the end of this month.
04 Jun 2012
| 5 CommentsAsia's foreign reserves 'a threat to stability'
The relentless build-up of foreign reserves by China and Asia's export Tigers has become a threat to financial stability and risks setting off inflation across the region, the BIS has warned.
04 Jun 2012
| 72 CommentsLending 'shrinks at fastest pace since Lehman'
International lending is contracting at the fastest pace since the onset of the financial crisis in 2008 as Europe's banks scramble to meet tougher rules.
03 Jun 2012
| 72 CommentsThe week that Europe stopped pretending
The euro has essentially broken down as a viable economic and political undertaking. The latest rush of events reeks of impending denouement.
03 Jun 2012
| 1111 CommentsSpanish rescue draws closer as Cyprus buckles
Spain's ruling party has begun to crack under pressure, signalling for the first time that the country may need a European rescue to shore up its banking system.
03 Jun 2012
| 491 Comments
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