Nationalisation threat to banks

Independent - Banks are told to do their bit for the economy. Downing Street considers ‘nuclear option’ to make lenders release cash. The Government is using the threat of a wholesale nationalisation of banks in an attempt to force institutions to lend billions to small companies struggling to survive as Britain slips into [...]

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‘There Is No Such Thing as Absolute Evil’

Spiegel - He has met Mao Zedong, Pol Pot and Che Guevara. He defended ‘Carlos the Jackal’ and Nazi war criminal Klaus Barbie. Jacques Vergès, 83, is probably the world’s most notorious attorney. His latest client is Khieu Samphan, the former head of state of Cambodia under the Khmer Rouge, who is on trial [...]

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The Atlantis stages most expensive launch party ever

Telegraph - The global recession may be biting, but try telling that to the Hollywood celebrities and billionaire business moguls who attended the opening of Dubai’s latest luxury resort, The Atlantis.

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Lulled by the celebritariat

Prospect Magazine - Exactly 50 years ago Michael Young published his famous dystopia “The Rise of the Meritocracy.” His son Toby argues that we never got the meritocratic educational elite predicted by his father, instead we got the celebrity class.

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Francuzi Sloveniji šalju prijedlog za deblokadu pregovora Hrvatske i EU

Jutarnji list - Nezadovoljni činjenicom da tijekom njihovog predsjedanja nisu otvorena sva pregovaračka poglavlja s Hrvatskom, iako su to sami najavili prilikom preuzimanja predjedništva, Francuzi Slovencima šalju novi prijedlog hitnog deblokiranja hrvatskih pregovora.

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Get out and spend

Financial Times - EU rules on budget deficits will have to be relaxed, but not all countries can afford to breach the limit of 3 per cent of GDP by much. Yields of 10-year Italian and Greek government bonds still trade more than 100 basis points above German ones. This highlights why [...]

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The World in 2009

Economist - Anyone hoping for a period of calm after the turbulence of the past year will be disappointed. For the economy and for business, as well as for politics, 2009 promises to be a year of bracing adjustment to a changed world.

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