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THIS was the plan. Germany’s super election year would start slowly. The three parties in the “grand coalition”—the Christian Democratic Union (CDU) and its Bavarian sister party, the Christian Social Union (CSU), plus the Social Democratic Party[...]

NOBODY talks about “decoupling” any more. Instead, emerging economies are sinking alongside developed ones. In 2008 emerging stockmarkets fell by more than those in the rich world, and financial woes forced countries such as Hungary, Latvia and Pakistan[...]

The federal budget deficit will rise to a record $1.2 trillion this year, and the tax cuts and new spending planned by President-elect Barack Obama and Democrats in Congress will push it higher, the Congressional Budget Office reported Wednesday.

Michael Bloomberg - Origins of the Economic Crisis

CENTRAL bankers ordinarily strive to be boring. But these are not ordinary times. On December 16th the Federal Reserve unveiled a three-part assault on America’s slump that lit up the news wires like a pyrotechnic display. The Fed’s policy panel,[...]

IT IS scant consolation to the thousands who have lost their jobs in finance, but the next generation wants to be better prepared. Some 200,000 students have signed up to play “Wall Street Survivor”, an online stockmarket-simulation game. Investment[...]