For the past five years, a fierce war of words and policies has been fought in America and other economically challenged countries around the world.
Portugal's constitutional court has blocked some austerity measures being implemented by the government to meet the terms of the country's E78bn bail-out in 2011.
This time last year many markets were convinced Greece would exit the euro but the country has since approved further fiscal consolidation. George Provopoulos, Greece's central bank governor, tells the FT's capital markets editor Ralph Atkins that the worst is over for the country
George Osborne, UK chancellor, has revealed the country will face austerity until 2018, one year more than previously signaled. Daniel Garrahan talks to George Parker, FT political editor, about whether the government has the political capital to pull it off, and Chris Leslie, shadow financial secretary to the Treasury, who says that without more investment in key areas, things will only get worse.
Shares in Chinese stocks listed in the US continue to fall after the Securities and Exchange Commission launched administrative proceedings against the Chinese affiliates of the big four auditors - Deloitte, Ernst & Young, KPMG and PwC - and BDO for refusing to produce audit papers on Chinese companies under investigation for possible accounting fraud. Lex's Robert Armstrong and Julia Grindell discuss the dilemma for investors left hanging on to shares in Chinese US-listed stocks. Related Articles: http://www.ft.com/intl/cms/s/0/0b08be98-3dce-11e2-b8b2-00144feabdc0.html http://www.ft.com/intl/cms/s/0/6ee44ace-3d6d-11e2-9f35-00144feabdc0.html For more video content from the Financial Times visit http://www.FT.com/video
The interest rate the European Central Bank pays banks parking their money with it is zero.
UK MPs argue that Starbucks, Google, and Amazon 'immorally' minimize their tax obligations. Lex's Robert Armstrong and Oliver Ralph discuss how global companies may react.
PTT Exploration and Production of Thailand has just raised $3bn to fund its overseas expansion. Lex's Oliver Ralph and Vincent Boland discuss the growing challenge from emerging markets energy companies to the oil majors
Xi Jinping is now in place as China's new leader.
The UK needs £110bn over the next decade to keep the country's lights on. Lex's Oliver Ralph and Vincent Boland discuss whether the government's energy bill outlining its plans to move away from fossil fuel generation is carrot enough for investors to come to build it. Related Articles: http://www.ft.com/intl/cms/s/0/f91241b2-3a23-11e2-a00d-00144feabdc0.html http://www.ft.com/intl/cms/s/3/b8a490dc-3a30-11e2-baac-00144feabdc0.html For more video content from the Financial Times visit http://www.FT.com/video