US Treasury Secretary Tim Geithner arrives in Poland to urge European finance chiefs to boost their financial firepower with bolder action to tackle the region's sovereign debt crisis... more
This tumultuous week for the financial markets ends with yet another effort by EU governments to work out a common position on the eurozone crisis... more
Reassuring words, we are supposed to think, from US Treasury Secretary Tim Geithner. He says that he thinks the UK's austerity-now plan is wise, and that there seems to be not much danger of it reversing tepid economic growth and plunging us back into recession... more
Chancellor George Osborne enjoyed a double boost today when the public finances drove into surplus and his economic strategy was praised by Barack Obama's treasury chief... more
The Obama administration has extended the $700 billion (£430 billion) financial rescue programme until next October, arguing that the US must hold on to the money in case of new financial shocks... more
The American banking industry will undergo a radical shake-up tonight, as the government made it clear which institutions it regards as strong and which as fundamentally weak ... more
The dollar fell to seven-month lows against the pound and the euro today as rising share prices across the world and positive economic data from China and the US saw demand for more risky currencies rise ... more
US Treasury Secretary Timothy Geithner moved to shore up confidence in the nation’s economy amid fears that its top-notch credit rating faces a downgrade ... more
State-controlled Lloyds Banking Group has more money than it knows what to do with and the shares, 4.5p firmer at 99.5p, are trading well above the original rights issue price of 38.43p.... more
US Treasury Secretary Timothy Geithner has called for more power to deal with failing financial institutions other than banks, such as insurance giant AIG... more
President Barack Obama called on the world's political leaders to kick-start the global economy at next week's G20 as his Treasury Secretary went to Congress to ask for powers to clean up the US financial system... more
In almost any context, $1 trillion is a fabulous amount of money. When it comes to the latest American banking bailout, it barely scratches the surface, which shows the size of the mess in which that industry remains engulfed.... more
Shares on both sides of the Atlantic soared after US Treasury Secretary Timothy Geithner fleshed out plans to buy up to $1 trillion of toxic assets from banks... more
Watching the new US Treasury Secretary, Timothy Geithner, announce his quackish remedy for our financial ailments this week, another politician came to mind. The Bambi stare, the disembodied grin. It was Tony Blair all over again. And Wall Street hated it, sending the Dow plummeting in response to his ideas.... more
While Alistair Darling was fleshing out his plans to save the UK economy yesterday, Barack Obama was unveiling the team he wants to help him save the American one... more
Economics: The odds on Tim Geithner becoming the next US Treasury Secretary have shortened after a key Barack Obama adviser said he would be a "superb" candidate... more
Analysis: One of life's rules is that there's bad in good and good in bad. The total collapse of the US financial system is no exception. Even in the midst of the current financial despair, we can look around and identify many collateral benefits... more
Exclusive: After high-profile allegations this season, Charlton's manager is pleased the issue is now being addressed but says the authorities still have plenty of work to do
Morning:
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