date: 2009-07-02 19:17:39

The International Monetary Fund tells Zimbabwe it will not provide more funds until it has settled its existing $1bn debts.

date: 2009-07-02 16:28:54

The number of jobs lost in the US last month came in at 467,000, which is much more than had been expected.

date: 2009-07-02 10:54:22

Any revival will be from a terrible starting point, and may prove anaemicFEW politicians have more acute antennae than Peter Mandelson, now in effect the deputy to Gordon Brown. In January the business secretary slapped down a junior minister when she spotted some premature green shoots of economic ...

date: 2009-07-02 10:54:22

Another retreat from the East Coast line shows confusion in railway policyTHE history of Britain’s railways is a baroque and convoluted 150-year tale in which dozens of companies have merged, split, gone bankrupt, been nationalised, been reprivatised and so on. The latest twist came on July ...

date: 2009-07-02 10:54:20

Uncertainty over the size of the output gap complicates the task of central banksHAVING raised the alarm on deflation, the Federal Reserve has now begun to sound the all clear. The statement it released after its policy meeting on June 24th notably omitted the warning from its three prior meetings ...

date: 2009-07-02 07:35:14

The Baltic states are suffering deep recessions in their quest to reach the safe haven of the euro zoneThe Baltic states, despite facing double-digit falls in GDP this year, are striving to limit their budget deficits with a view to adopting the euro as soon as possible. Rather than pursuing ...

date: 2009-07-02 07:31:29

Adding deliberate culinary insult to unintended injuryLast week’s column has aroused offence where none was meant. The aim—perhaps a bit fanciful, but it is summer after all—was to imagine menu items with names that reflect eastern Europe’s history and politics. Munchner ...

date: 2009-07-02 06:28:10

The ECB has run a looser monetary policy than some might thinkTHE global economy has stopped sinking and central bankers are pausing for breath. On Thursday July 2nd, the European Central Bank (ECB) kept its main “refi” interest rate unchanged, at 1%. The ECB’s rate-setting ...

date: 2009-07-01 21:06:50

US vehicle sales dropped in June, but there were signs of stabilisation as Ford saw its smallest decline in a year.

date: 2009-07-01 16:34:09

Virgin Atlantic, the airline owned by Sir Richard Branson, says it will cut back on winter services and may cut up to 600 jobs.

date: 2009-07-01 16:06:34

The US state of California is on the brink of issuing IOUs instead of payments, after lawmakers fail to agree a budget.

date: 2009-07-01 07:05:07

Business confidence in Japan has improved for the first time in two-and-a-half years, says a key Bank of Japan survey.

date: 2009-06-30 21:25:03

Texan billionaire Sir Allen Stanford is ordered to remain in jail until his fraud trial begins, as a US judge overturns a bail ruling.