Live debate: US primaries
Thursday: How is the internet changing American politics? Submit your questions to a panel of experts discussing digital politics at the US embassy in London, or watch the event live
Principal content
Oil price breaks through $126 a barrel
Crude surged to a new record high as concerns about supplies to the US mounted after Opec blamed a weak dollar for the recent spike in prices rather than a lack of production
Citigroup considers $400bn asset sales
Bank moves to restore double-digit growth
Hizbollah seizes large parts of Beirut
Shuts down pro-government Hariri media
Hunter seeks to block Dobbies issue
Entrepreneur seeks to thwart Tesco
EDF adds to its UK nuclear options
Power company buys land around nuclear sites
FT index confirms slowing housing market
House prices fell 0.2% in April
Related content and features
Video
UK Daily View: FT index confirms house price slowdown
Norma Cohen explains why the drop in prices is more modest than those recorded by other surveys
View from the Top: Jeff Zucker
The CEO of NBC Universal talks about the Olympics, the election and the writers’ strike
View from the Markets:
David Darst
Morgan Stanley’s chief investment strategist says he is sceptical of the recent rally in financial markets
Interactive
Are we living in an intellectual dark age?
Gideon Rachman’s blog: Have Prospect and Foreign Policy overlooked the great minds of our era when compiling their list of the top 100 public intellectuals?
China’s development
Monday: Chinese companies are set to become strong competitors for global market share, but what are the implications? Post a question for JPMorgan’s Jing Ulrich
Depression and dog shows at Bear Stearns
John Gapper’s blog: The lesson, I think, is that both Alan Greenberg and Jimmy Cayne were too old and out of touch to be in charge of their institution, particularly in a time of turmoil
Comment
The financial crises of capitalism
The beginning of wisdom is to recognise that booms and busts have been a feature of capitalism from the start, writes Samuel Brittan
Tibet’s case for self-rule
The country’s sense of identity and the gross oppression of its citizens are much clearer than in Kosovo’s case, writes Paul Harris
We must repel barbarians from Auntie’s gates
The BBC enriches Britain in ways that will only be seen when it is gone and it is too late to rebuild it, says Stephen Fry
Restore ethical finance standards
Ethics is not only acting correctly; it is also not trying to avoid regulation even if one thinks one can get away with it, writes Evelyn de Rothschild
Lex
Grand Theft Auto
Let’s hear it for violence and mayhem. Grand Theft Auto IV, the latest instalment of the videogame franchise published by New York-based Take-Two, racked up sales of $500m this week after seven days on release – more than double the record weekly take for any movie
Global imbalances
The cure was said to be a cheaper dollar and a US recession. Now that America’s currency has dropped by about a quarter on a trade-weighted basis since early 2002, and its economy has ground to a halt, are global imbalances being resolved?
Editorial comment
The dollar danger is not over yet
Verbal intervention on the US currency and euro is welcome – but it is time for verbal intervention on the rupee and renminbi as well
Bomb-proof banks
The best advice to Wall Street is to restructure swiftly. Take the pain but appoint someone to take the flak – the more uncharismatic, the better
Burma’s tragedy
Let us at least hope this cyclone undermines the junta, whose response to this tragedy has already earned it a place in the annals of infamy
