The French Riviera in November conjures up images of ageing playboys eking out the last rays of autumn sunshine on the Croisette over a pastis. So it may be fitting that Nicolas Sarkozy has chosen Cannes as the venue for this week’s G20 summit, where the fading power of Europe‘s old world economies will be ...
Where to begin? The much-trumpeted deal in Brussels to save the euro is no more than a temporary fix, you will have read everywhere, only putting off the inevitable – the collapse of the single currency and, with it, the crazed, anti-democratic and delusional economics of europhiles. The ¤1 trillion bailout fund is ephemeral; the ...
Supermarkets and high street stores are reporting a surge in their Christmas savings schemes as cash-strapped shoppers search for ways to spread the cost of the festive season. But while the convenience of stashing away a few pounds each week at the checkout is very appealing, shoppers should be aware that most schemes offer no ...
Last year, while mayor of Moscow, Yuri Luzhkov was prominent when deadly bomb attacks were made on the city’s metro. Now he has been dismissed and is wanted for questioning over a claim of bank fraud he denies. Photograph: Vikto Vasenin/EPA Russia‘s interior ministry has threatened former Moscow mayor Yuri Luzhkov with reprisals if he ...
Chief executives’ pay rose on average by 43.5%, finance directors’ by 34.1%, and all other directors by 66.5%, according to the latest IDS survey. Photograph: Photodisc Total earnings for directors of FTSE 100 companies increased by 49% last year, far outpacing pay claims for workers outside the boardroom. A FTSE 100 executive typically received an ...
Retailers remained gloomy in a CBI survey of the sector’s forecasts for sales. Photograph: Sarah Lee for the Guardian Britain is on the brink of its second recession in three years following a collapse in consumer confidence to levels last seen in 1990 and 2008. A survey found sentiment had slumped to historic lows in ...
[unable to retrieve full-text content] As the eurozone crisis rumbles on, EU leaders are still trying to thrash out a deal Steve Bell ...
6.20pm ET / 11.20pm BST: Here’s a summary of developments today: • Europe’s leaders met in Brussels today to discuss the continent’s worsening debt crisis. They agreed a plan to recapitalise Europe’s weak banks, but leaders struggled to agree on the other key parts of the plan. • Germany’s parliament overwhelmingly approved a resolution to ...
Amazon CEO Jeff Bezos introduces the new Kindle Fire tablet in September. Photograph: Emmanuel Dunand/AFP/Getty Images Amazon’s profits fell by 73% in the third-quarter as the firm bet on a digital future and poured money into a new generation of tablet computers and e-readers. The company sharply missed Wall Street estimates and its shares slumped ...
[unable to retrieve full-text content] The dictator’s body was washed by relatives and sheikhs before secret burial Steve Bell ...
