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Eurozone PMI growth at 2-year high
Purchasing managers’ indices for the 16-country region show private sector activity expanding this month at the fastest pace in two years, led by France and Germany
Sixty-five leaders to attend climate summit
The Danish government has announced that leaders of most of the world’s biggest economies are planning to attend, including the UK, Germany, France, Brazil and Indonesia
World wants reform not revolution, poll says
A survey, commissioned by the BBC World Service, has found widespread but measured scepticism of the world economic system in light of the financial crisis
Lex: Output gaps
It is almost impossible to measure an output gap with any accuracy. So how on earth do you measure an economy’s potential?
Opinion: Could sovereign debt be the new subprime?
As policymakers rush to implement reforms, they are apt to create distortions that pave the way for the next disaster. Gillian Tett warns that the banking sector’s balance sheets are increasingly stuffed with government bonds
ECB unwinds liquidity support for banks
The surprise announcement of tougher standards for asset-backed securities used as collateral highlights how far the bank is planning its ‘exit strategy’ to dismantle measures taken after last year’s collapse of Lehman Brothers
Transcript: View from the Top with Robert Zoellick, president of the World Bank
Interview with the president of the World Bank on Obama’s trip to China and the effects of the Chinese currency being pegged to the dollar
Opinion: China can build on the basis of sound finance
Only with proper firewalls between them can banks and capital markets function as two engines of economic growth. If one fails, the other can still carry on, writes Liu Mingkang
Opinion: Tackling systemic risk is no job for the status quo
Supervision must be free of regulatory and administrative conflicts in order to ensure the safety and soundness of the financial system, write William Donaldson and Arthur Levitt
EU plan to extend shoe duties rejected
In an unusual show of defiance, EU member states reject a European Commission recommendation to extend anti-dumping duties against Chinese and Vietnamese footwear imports
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