financial times

If you’ve got a credit card, you can’t be blamed for thinking that the landmark legislation recently passed by Congress to curb abuses by card issuers would mean the end of things like arbitrary interest rate hikes. That was supposed to be the point, after all, of Congress’ belated efforts to put an end to [...]

In some corners, the anger over the AIG bonuses has turned into mindless populism that serves no purpose. That’s the viewpoint of The Washington Post, which weighs in today with a scolding editorial.
YESTERDAY, we were more skeptical than most about the “populist” backlash against the $165 million in bonuses that went to some employees of [...]

The overwhelming reaction in Europe to the election of Sen. Barack Obama has been one of enthusiasm and support. Yet a scan of the European press also reveals some peculiar — and some deplorable — responses.
Der Spiegel reports on the shock that has rippled through the German-speaking world after Klaus Emmerich, the “Wolf Blitzer of [...]