The steepest plunge in Japanese exports in 50 years and a move by China to cut interest rates underlines the depth of Asia's problems, saysAmbrose Evans-Pritchard. 22 Dec 2008 The riots have begun. Civil protest is breaking out in cities across Russia, China, and beyond. 22 Dec 2008 We know what causes a recession to metastasize into a slump. Irving Fisher, the paramount US economist of the inter-war years, wrote the text in 1933: "Debt-Deflation Theory of Great Depressions". 18 Dec 2008 Deutsche Bank has refused to redeem a bond issue in an unprecedented move that has rattled Europe's credit markets, writes Ambrose Evans-Pritchard. 17 Dec 2008 The sharp slide in the pound has been a godsend for the UK economy, according to the German bank Dresdner Kleinwort. 19 Dec 2008 It is not yet clear whether America is sliding into a deflation trap but the risk is grave enough to justify radical measures, writesAmbrose Evans-Pritchard. 17 Dec 2008 For the first time in my life, I'm feeling twinges of anti-German sentiment, writes Ambrose Evans-Pritchard. 15 Dec 2008 The Swiss National Bank has cut interest rates to 0.5pc and opened the door for emergency stimulus, becoming the first country in Europe to flirt with zero policy rates. 12 Dec 2008 Investors' search for a safe places to store wealth drives yield on 3-month US Treasuries below zero and causes rush for gold. 11 Dec 2008 Rio Tinto gambled its future by contracting debt on a grand scale to fund heady expansion near the top of the commodity bubble, writesAmbrose Evans-Pritchard. 11 Dec 2008 The economic downturn in Asia has taken a sharp turn for the worse as Japan slides into deep recession and exports contract in China, Korea, and Taiwan. 10 Dec 2008 The City of London has suffered a dramatic collapse in its core business as global lending falls at the steepest rate since records began, according to the Bank for International Settlements. 09 Dec 2008 The world's policymakers need to keep ripping up the rule book to prevent depression, writes Ambrose Evans-Pritchard. 09 Dec 2008Ambrose 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
Economic crisis in Asia deepens
Protectionist dominoes are beginning to tumble across the world
Federal Reserve is damned either way as it battles debt and deflation
Fresh credit strains in Europe as Deutsche Bank shocks markets
Analysis: sterling fall is a life-saver for economy
Mr Bernanke correctly judged the risk of deflation
Germany gets a free ride
Switzerland may have to print money
Rush to safety lifts gold, drives bonds below zero
Commodity crash tests faith in supercycle
Asian trade in 'Free-Fall'
Global lending crash hits City
Deflation virus is moving us beyond the 1930s
Friday, 26 December 2008
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