By Daniel Dombey, Krishna Guha and Andrew Ward in Washington One by one, as they attended this weekend’s Washington summit, the leaders of big emerging economies made a single point again and again: no longer will the world’s...
By Krishna Guha, George Parker, Andrew Ward, Stephanie Kirchgaessner and Daniel Dombey in Washington The Washington summit was cursed by the hype that had been attached to it in advance by European leaders. It was never likely...
By Krishna Guha in Washington The Group of 20 summit opened the door to what could be extensive reform of global financial regulation in a relatively tight timeframe – but only if the new US administration is willing to play...
By Andrew Ward and Krishna Guha in Washington Most world leaders claim to be committed to reducing greenhouse gas emissions. Yet this weekend’s G20 summit was not a good advertisement for the cause. Perhaps there was no...
By Krishna Guha in Washington World leaders will highlight the central importance of a co-ordinated global policy response to the credit crisis and promise to avoid beggar-thy-neighbour policies at the G20 summit - but there...
World leaders played down expectations of dramatic breakthroughs at the start of this weekend's Group of 20 summit on the economic crisis, conceding that the political transition in the US made big decisions unlikely.
World leaders set to present united front By Krishna Guha in Washington Even as US officials continued to play down and European officials play up the ambition of the Group of 20 summit, the broad outlines of what is likely to...
By Krishna Guha in Washington The troubled asset relief programme (Tarp) asset purchase plan has gone the way of the super structured investment vehicle. Twice the US government has tried to tackle the credit crisis by creating...
By Krishna Guha in Washington The troubled asset relief programme (Tarp) asset purchase plan has gone the way of the so-called “superSIV”. Twice, now, the US government has tried to tackle the credit crisis by creating vehicles...
By Krishna Guha in Washington The US government yesterday abandoned its plan to buy toxic assets, saying the money would be better spent on an expanded recapitalisation programme and supporting markets that securitise consumer...