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Analysis
Risky rewards
Finance: governments seeking to quell public anger by curbing pay at bailed-out banks face the dilemma that such moves might also harm their investments
A fire to light
Energy security: Though recently reaffirmed, a Russia-Ukraine deal to end their regular disputes over gas has allayed by no means all of Europe’s fears about winter cuts to supplies
Principal content
It’s bubbly all round but really, does anyone care?
In recent years, world markets have become so unstable that spotting and exploiting the next bubble has become the name of the game, writes Tony Jackson
Berlin’s pious Sabbath decree
Christopher Caldwell on the pros and cons of Sunday shopping
Outside Edge: Above all, God save our awful anthems
Gordon Cramb on the perils of national anthems
The post post-Thatcher era begins
Focus on growth, says Martin Wolf
Why Obama does not want a multipolar world order
Zaki Laïdi on the international system
Related content and features
More comment and analysis
An over-generous deal for AIG clients
At the direction of the Federal Reserve Bank of New York, AIG quietly gave $62bn to pay in full the claims of Goldman Sachs, Barclays and other large investors. Why did US taxpayers pay so much, asks Robert Pozen
Practical help is the key to success in Afghanistan
The international community has put strong emphasis on building the capacity for Afghans to take informed decisions. There has been much less focus on actually helping the Afghans get things done, writes Bjorn Brandtzaeg
Healthcare tests the Senate’s credibility
As the healthcare bill returns to the US Senate, it is worth asking what the upper house represents. The answer, writes Steven Hill, is not America: this patrician gerontocracy more closely resembles the ancient Roman Senate
EDITORIAL COMMENT
A taxing problem
A rise in the CGT rate would be a far better way to raise cash from rich taxpayers than raising the top rate of income tax – abolish special rates or reliefs rather than raising headline tax rates
North Sea Bubble
As in the 18th century, although it may not now be clear what Britain will do in the future, here in the wreckage of its North Sea Bubble, something will turn up
A season not to be jolly with bankers
Governments must press ahead with banking reforms: resolution regimes to force shareholders and creditors, not taxpayers, to bear the losses of failure; and aggressively higher capital requirements
DEBATES & POLLS
What is the military for?
Can Britain afford a cold war-era nuclear deterrent? New aircraft carriers? Typhoon fighter aircraft? Have your say about Britain’s role in defence on the Arena Blog
New chapter of MBAs take oath to do better
No single group can be blamed for the economic meltdown, a number of high-profile MBAs have been implicated. Are MBA programmes useless?
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