And by their enemies. It is now clear that the Iraq and treatment of detainees policy of the current US administration has found little favour down at the Financial Times. The FT is hardly a ‘radical rag’ and views expressed there can hardly be dismissed in the same way some might feel able to lightly-brush-aside [...]

This was Wolfgang Munchau writing in the Financial Times a week ago:
“The pre-announced interest rate rise that the European Central Bank is due to agree this Thursday must rank as one of the most bizarre monetary policy decisions of recent times. The economic recovery in the eurozone remains fragile, as last week’s German confidence indicators [...]

A while back I asked about EU policies toward China. There’s now a section on the Europa server devoted to just that question.
“There will soon be more people living in the city of Bombay than on the continent of Australia. … Bombay is the future of urban civilisation on the planet. God help us.” (p. [...]

Angela Merkel has an interview in the Financial Times today. Unfortunately the transcript is subscription only. This is a pity, since to some extent she defines the kind of Europe she would like to see:
In an interview with the Financial Times, Angela Merkel, leader of the Christian Democrat Union, on Wednesday issued a clarion call [...]

Well, well, what do you know: Paramalat’s real debt is much bigger than was first thought. What a surprise. According to the Financial Times Parmalat’s gross debt now stands between ?14.5bn and ?14.8bn ($18.08bn-$18.46bn). At the same time its main Italian operations barely made a gross operating profit last year. Meantime Italy’s unions are [...]