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  • The Swedish model

    The blog has given up counting the number of US banks that have failed in recent weeks, away from the headlnes. Ken Lewis, CEO of Bank of America, predicted last month that half of all US banks would fail, and he is well placed to know. Bank rescues are also rising across Europe. The German government...
    Posted to ICIS Blogs (Weblog) by Anonymous on 10-06-2008

  • A debate opens up

    Peer Steinbrück, the German finance minister, has joined the growing list of politicians with a view on the current economic crisis. But his analysis differs markedly from that expressed by President Bush on Wednesday . 'The financial market crisis is above all an American problem', Steinbruck...
    Posted to ICIS Blogs (Weblog) by Anonymous on 09-26-2008

  • 'Our entire economy is in danger' - Bush

    In early August, the blog noted that politicians were beginning to recognise the seriousness of the economic situation. First, China's finance minister Liu He warned that 'an economic restructuring was inevitable'. Then the UK's finance minister said the 'global economy was at a 60...
    Posted to ICIS Blogs (Weblog) by Anonymous on 09-25-2008

  • 'A very, very serious global economic slowdown'

    A trend seems to be developing amongst the world's policy makers. Last month saw China and the UK's finance ministries warning of bad times to come. Yesterday, France's finance minister joined the chorus, saying that she had 'underestimated the spillover from the US financial and housing...
    Posted to ICIS Blogs (Weblog) by Anonymous on 09-02-2008
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