Editor’s Choice

Great Depression II

Leading City experts have started raising the prospect of “Great Depression II” amid worries that the European economic crisis could trigger a deeper bout of… »

Market chaos warning after German ban on shorting

Traders are predicting chaos on the world’s second-largest government bond market after the German authorities on Tuesday announced a ban on all naked short-selling in European public debt, as well as shares in the country’s 10 largest financial institutions.
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South Africa today

South African writers take stock of their country as it prepares to host the World… »

How Nando’s conquered Britain

David Beckham eats there. So does Tinchy Stryder. The peri-peri chicken chain is now the restaurant of choice for a new breed of confident young multicultural Britons. So how did that happen, asks Miranda Sawyer
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Lindsay’s Blog

Yes, human beings truly are a shallow species of mammal. Having covered the UK election in a semi-serious, sporadic, and hopefully accessible way on Gareth Cliff’s excellent 5fm breakfast show, this irrefutable truth became as obvious as a bulldog’s balls.
Nick Clegg, a previously anonymous, inconsequential, and rather weedy liberal was catapulted (albeit briefly) to the… »

Embracing change: Cameron forges historic coalition

David Cameron will begin today to forge the first peacetime coalition for more than 80 years after becoming Britain’s 53rd Prime Minister.

The Conservative leader opened a new political era by cautioning that “hard and difficult work” lay ahead for the new Government that will include five Liberal Democrats in Cabinet and some 15 others in… »

Europe prepares nuclear response to save monetary union

Are Europe’s leaders grasping the nettle at last? Faced with the imminent disintegration of monetary union, they appear poised to create the beginnings of an EU debt union and authorize the European Central Bank to step in immediately to stabilize the eurozone bond markets…. »

Dissent grows among Lib Dems as hours of meetings end in deadlock

Nick Clegg and David Cameron were were still struggling to find common ground last night over the deal-breaking issue of reforming Britain’s voting system as they sought an agreement that could forge the next government…. »

CHAOS!

The stock market plunged Thursday in a harrowing five-minute selloff that appeared to be triggered by a breakdown of trading systems. After dropping nearly 1,000 points, the market rebounded but still closed down 3.2%, leaving Wall Street struggling to figure out what happened.

Investors already were jittery about the ripple effects of the crisis in Greece… »

Politics: The UK goes to the polling station

After a month of exhausting, fascinating, and sometimes absurd campaigning, the 3 major poitical parties in the UK are at the mercy of the populous. Lindsay Williams debates the outcome with the political editor of the Telegraph in the UK, and an investment strategist at Investec Asset Management in… »