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Principal content

Citigroup considers $400bn asset sale

Citigroup confirmed that at least $400bn in non-core assets could be sold as part of plans to reduce costs and restore profit growth to double-digit rates

Hizbollah seizes large parts of Beirut

Shuts down pro-government Hariri media

Oil price closes in on $126 a barrel

Supply concerns help fuel fresh record

Wall Street set for sharp sell-off

AIG fuels credit concerns; oil price jumps

AIG plunges to record loss

$15bn in credit-related writedowns

Burma closes doors to foreign aid workers

World Food Programme suspends relief flights

Sovereign Bancorp to raise fresh capital

Grupo Santander consortium to inject $2bn

Related content and features

World

Companies

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Video

Jerry Zucker

View from the Top: Jeff Zucker

The CEO of NBC Universal talks about the Olympics, the election and the writers’ strike

US Daily View: Retail surprise

Daniel Pimlott on better-than-expected US retail sales

Short View: Transport stocks

John Authers looks at why the sector has rallied along with the oil price

Interactive

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

Interactive map: Who won what

Interactive graphic: Explore the results and the total number of delegates gained in every nomination contest

    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

    David Cameron: Saviour of the US right?

    Westminster Blog: Conservative commentator David Brooks’ argument that the Republican party must take lessons from across the Atlantic to revive its fortunes is well worth a read, writes Alex Barker

      Comment

      The financial crises of capitalism

      Samuel Brittan

      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

          Commodities special 1: mining capex

          The mining industry has experienced a demand shock, and prices, in nominal terms at least, are through the roof. But has there been a supply-side response?

          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