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US government rescues insurer AIG

BBC - The US Federal Reserve has announced an $85bn (£48bn) rescue package for AIG, the country’s biggest insurance company, to save it from bankruptcy.

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German Government Backs Support Package

Spiegel - German Chancellor Angela Merkel has thrown her support behind a plan to pump up to €130 billion into the European Union economy. The government in Berlin says it would be prepared to contribute up to €25 billion for a stimulus program.

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Pharmaceuticals - Racing down the pyramid

Economist - FOR many years America has been the heart and soul of the pharmaceuticals business. The adoption of price controls and government-run health systems in Europe, where the industry began, led many drugs firms to pitch their tents in the land of the free market. Keen to encourage innovation and suspicious of [...]

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Six Social Policy Myths

Policy - Policy experts often think alike, even when the evidence contradicts them. This is how billions of dollars get spent on government programs that don’t work.

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