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Austro-Hungarian battle recalls intrigues of yore

Financial Times - The Hapsburgs have long left the Hofburg palace but the wariness of former satellite nations towards Vienna’s perceived imperialism has not waned, if the war of nerves between Hungary’s Mol and OMV of Austria to dominate the central European oil and gas market is anything to go by.

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The IMF and eastern Europe - Into the breach

Economist - This weekend, the IMF reached broad agreement on big bail-out packages for both Hungary and Ukraine. On October 22nd Hungary had raised its interest rate to an economy-crunching 11.5% (up from 8.5%) in the hope of halting steep falls in its currency, the forint. Fortuitously, the Hungarian markets then closed for [...]

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Let’s call a ceasefire in the battle of the sexes

Independent - Men and women are the same. If men are bossy bastards, who spend their days propelling themselves up the corporate ladder and their evenings alphabetically filing their record collections, it’s because that’s what their dads taught them. If women are chatty multi-taskers who juggle cup-cakes, and babies, and grievances, it’s because [...]

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Carmaker bosses cling to their jets but could lose their aid

Guardian - Shares in US carmakers tumbled yesterday as it looked like the industry would lose its attempt to secure a $25bn (£16.6bn) bail-out from Congress. GM’s stock had fallen more than 15% by midday and Ford had dropped 25% as both companies joined the privately held Chrysler to plead for help averting [...]

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