Pensioners have not been hit as hard as they claim by quantitative easing and should accept that they must bear the burden of the downturn alongside working households, according to the Bank of England's deputy Governor.
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Jean Claude Trichet has called for the creation of a European finance ministry whose powers to intervene in national economic policy would be 'well over and above the reinforced surveillance'.
The president of the European Central Bank says a recovery in the continent's economy is gaining "momentum" as finance ministers attempt to bolster confidence in the eurozone following Portugal's plea for a bail-out.
With the Independent Commission on Banking due to publish its interim report on April 11, Deutsche Bank have identified the pros and cons of two main options. Here is a summary of its analysis.
Students are busy – there is a lot of excellent stuff to highlight this week:
Ritchie King , of NYU, in New York Times :
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Crunch talks to thrash out how big a haircut Greece's private bondholders can withstand are set to continue despite representatives of the creditors reportedly leaving Athens.
At last year’s Paris auto show, Lotus CEO Dany Bahar surprised the assembled press with six concept cars to show the way forward for the brand, complete with specs and production plans. Skeptics were puzzled about the unprecedented bean-spilling, which resembled an investor pep rally more...
In an uncharacteristically bold statement for a member of the MPC, Martin Weale intimated that there is a higher risk of a double-dip recession than previously thought.
Pay packages for executives in Britain's biggest companies have escalated out of all proportion to their financial performance or value to society, some of the City's most powerful investors warn today.
As the Head of Scientific Affairs for a young biotechnology company, I'm not the type to sign petitions or take up bleeding heart causes. [More]
Haven’t had enough 2011 Jetta? Dive back into our impromptu Jetta Week coverage for our first drive, a spin in a GLI prototype, hybrid news, info about the next SportWagen, and some more tidbits hidden in The Continental. Or don’t—Ed.
At $16,755, the Jetta is “surprisingly priced...