Ingram Pinn Martin Wolf from COLUMNISTS 7:45pm

The sad record of fiscal austerity

The ECB could have prevented the panic. Tens of millions are now suffering unnecessarily

The A-List

Obama has always planned to slash spending
President never suggested more robust tax revenues to fund higher public investments and services
– Jeffrey Sachs
Bank puts its economic reputation at stake
When Mark Carney takes over as governor, the strategic debate within the MPC is likely to intensify
– DeAnne Julius
The deal to avoid a US fiscal crunch
The looming sequestration must be avoided at all costs
– Roger Altman
Markets Insight from MARKETS 12:34pm

Sell currencies of serial QE offenders

Fighting central banks is dangerous, writes Bill Gross

OPINION 7:45pm

Italy is in need of political reform

The new government should cut MPs’ wages and reduce their number, say Tito Boeri and Luigi Guiso

John Kay from COLUMNISTS 7:41pm

A story can be more useful than maths

The term ‘balance of probabilities’ has different meanings in law and statistics

OPINION 7:47pm

US must side with its young not its guns

America has to seize a rare moment of shared outrage, writes Richard Daley

Notebook 7:52pm

Reclaiming the lost Weimar legacy

The rebirth of Berlin’s Romanisches Café plays into something of a trend, writes Frederick Studemann

Editorial

FT Editorial
Inside Business from COMPANIES 10:24pm

Gap widens in China’s property market

Smaller cities are falling behind booming metropolises not only in prices, but in the amount of development

A voting official counts the ballots in a polling station in Rome ©Reuters Global Insight from WORLD Feb 26, 2013

Italy rejected a lot more than austerity

A decontamination of Italian politics must come before economic salvation

Wolfgang Munchau from COLUMNISTS Feb 26, 2013

The case for a grand coalition in Italy

Partnership among the divergent majorities can break the political gridlock

Janan Ganesh Janan Ganesh from COLUMNISTS Feb 25, 2013

Voters expect Osborne to stay his course

The British are busy hunkering down for years of squeezed living standards

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ANALYSIS

US BUDGET

An aircraft carrier on the way to the Middle East has been held in Virginia because of sequestration If a deal cannot be reached on how to fund $1.2tn in deficit reduction, the fallout will be dire

equities

A small bull and a bear (R) symbolising the up and downward trend in stockmarket movements stand in front of a display panel at the stock exchange in Frankfurt, Germany, 29 June 2011. This Wednesday 29 June 2011, the Greek parliament in Athens had passed the latest austeritiy package which was anticipated with great interest, and which would make way for the Greek government to receive further international financial aid in billions of euro ©Photoshot Timing the peaks and troughs could depend on when fear or greed dominate

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