If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!PricewaterhouseCoopers warns that ‘alarming’ level of debt may prove hard to deal with if interest rates increaseBritain’s economy is sitting on a timebomb of debt on course to break through the £10tn barrier within the next five years, according to [...]
Barack Obama has backed India for a permanent seat on the UN Security Council in a dramatic finale to a three-day visit in which he has strongly wooed the world’s most populous democracy
Earnings at the German lender miss analysts’ forecasts as rising loss provisions in property and eastern Europe take the edge off robust corporate business in its home market
Families likely to abandon case aimed at compensating children born with disabilities after mothers took drug during pregnancyA landmark legal case by families of children with physical and mental disabilities against a multinational pharmaceutical company is likely to be abandoned after legal aid was withdrawn.The families say manufacturers of an anti-epilepsy drug taken by mothers [...]
Report predicts mass migration to north as archbishop warns of ’social zoning’Large swaths of southern England will become off limits to housing benefit recipients in a little more than a decade because of the government’s proposed plans to cut welfare bills – triggering a huge migration of the poor to the north – according to [...]
Leading economies should consider readopting a modified global gold standard to guide currency movements, argues the president of the World Bank
• New Hampshire clergyman opts to take early retirement• Decision does little to appease Anglican communion criticsThe rift in the Anglican communion over homosexuality was reopened today after its first openly gay bishop, Gene Robinson, said he was retiring early because seven years of controversy had “taken their toll” on him, his family and followers.Robinson’s [...]
Barack Obama, the US president, calls on New Delhi to step up its dialogue with Islamabad badly set back by the 2008 terror attacks on Mumbai by Pakistani militants
Canada plans to toughen its foreign-investment law with a view to forcing greater transparency and accountability from investors in the wake of the political storm over BHP Billiton’s bid for PotashCorp
Germany has put itself on a collision course with the US over the global economy, after its finance minister launched an extraordinary attack on policies being pursued in Washington
US President Barack Obama took a step at the weekend towards relaxing export controls to India that would give the emerging power greater access to advanced US technology.
• Crackdown on £190bn-a-year welfare bill• Payments could be suspended for three months The unemployed will be ordered to do periods of compulsory full-time work in the community or be stripped of their benefits under controversial American-style plans to slash the number of people without jobs.The proposals, in a white paper on welfare reform to [...]
Security services soften their stance towards use of control orders to curtail terror suspects’ freedomsThe scrapping of control orders for terror suspects moved a step closer last night when the security services appeared to dramatically soften their support for the controversial measures.In a surprise development, senior Whitehall security sources broke ranks to reveal that MI5 [...]
Conservation charity WWF finds only 28% of consumers have heard of logo that shows timber is from sustainable sourcesHalf of British shoppers are unaware that they could be adding to deforestation and global warming when they buy furniture and paper on the high street.A survey by conservation charity WWF has found that 50% of consumers [...]