Guy's Feed
Aug 8, 2013

Superstar BoE chief Carney befuddles recovery Britain

LONDON (Reuters) – If Mark Carney planned his first media outing as ‘superstar’ chief of the Bank of England to reassure the British public of the bank’s efforts to juice up Britain’s weak recovery, he could be back at the drawing board this evening.

In a steely performance, the former Goldman Sachs banker struggled to demystify for the press the intricacies of “forward guidance” – advance notice that he’s not going to tighten monetary conditions too fast or too soon.

Aug 7, 2013

Bank of England chief struggles to demystify recovery for Britons

LONDON (Reuters) – If Mark Carney planned his first media outing as ‘superstar’ chief of the Bank of England to reassure the British public of the bank’s efforts to juice up Britain’s weak recovery, he could be back at the drawing board this evening.

In a steely performance, the former Goldman Sachs banker struggled to demystify for the press the intricacies of “forward guidance” – advance notice that he’s not going to tighten monetary conditions too fast or too soon.

Aug 7, 2013

Superstar central bank chief Carney befuddles recovery Britain

LONDON, Aug 7 (Reuters) – If Mark Carney planned his first
media outing as ‘superstar’ chief of the Bank of England to
reassure the British public of the bank’s efforts to juice up
Britain’s weak recovery, he could be back at the drawing board
this evening.

In a steely performance, the former Goldman Sachs banker
struggled to demystify for the press the intricacies of “forward
guidance” – advance notice that he’s not going to tighten
monetary conditions too fast or too soon.

Jun 24, 2013

In Britain, attempts to cut spending fuel angst over cherished state

LONDON (Reuters) – When the chief enforcer for Britain’s finance ministry suggested that the army should cut spending further because it had more horses than tanks, he provoked an indignant response from one of his own colleagues in the cabinet.

As Britain prepares to say who will take the pain for more cuts, the row over ceremonial horses versus tanks shows just how hard it is to trim the size of a state that the government says has been overspending for years.

Jun 19, 2013

Analysis: Putin basks in isolation over Syria as Obama’s charm falls flat

ENNISKILLEN, Northern Ireland/MOSCOW (Reuters) – At the end of a tense two-hour meeting with Russian President Vladimir Putin, Barack Obama – slumped over and serious – tried to lighten the mood with a joke about their favorite sports.

“And finally, we compared notes on President Putin’s expertise in judo and my declining skills in basketball,” the U.S. president told reporters at the G8 summit, after the two men gave formal statements emphasizing their common ground rather than their sharp differences on how to end the Syrian crisis.

Jun 17, 2013

Putin and Obama set to spar over Syria arms at G8

ENNISKILLEN, Northern Ireland (Reuters) – U.S. President Barack Obama faces what could be a frosty G8 meeting with Vladimir Putin on Monday after the Russian leader clashed with the West over plans to arm Syrian rebels fighting President Bashar al-Assad.

At their first private face-to-face meeting in a year, Obama will try to convince Putin to bring Assad to the negotiating table but the Russian leader has shown little sign of compromise.

Jun 16, 2013

Obama, Putin face tough talks on Syria at G8 summit

LOUGH ERNE, Northern Ireland (Reuters) – President Barack Obama will seek the help on Monday of Russia’s Vladimir Putin, Syria’s most powerful ally, to bring Bashar al-Assad to the negotiating table and end a two-year civil war.

At their first private face-to-face meeting in a year, Obama will try to find common ground with Putin on the sidelines of a G8 summit in Northern Ireland after angering the Kremlin by authorising U.S. military support for the Syrian president’s opponents.

Jun 14, 2013

Britain’s treasure islands make G8 tax test for Cameron

LONDON (Reuters) – Pitching tougher rules on tax evasion to the G8 is a precarious undertaking for Prime Minister David Cameron. Britain’s own tax havens are world leaders.

Britain’s list of exotic Overseas Territories reads like an accountant’s dream menu for a cash-rich Russian oligarch with something to hide, while British lawyers lead the field as gatekeepers for elaborate global mazes of offshore trusts.

Jun 3, 2013

Labour says own party could oust Cameron by 2015

LONDON (Reuters) – The Labour party on Monday seized on divisions in the ruling Conservative party to suggest that David Cameron could be ousted as prime minister by his own party before the next election.

Ed Balls, who could be Chancellor if Labour wins the election, said the issue pulling the Conservatives apart – membership of the European Union – would barely figure in voters’ concerns come 2015.

Jun 3, 2013

Labour says own party could oust UK PM Cameron by 2015

LONDON (Reuters) – Britain’s opposition Labour party on Monday seized on divisions in the ruling Conservative party to suggest that David Cameron could be ousted as prime minister by his own party before the next election.

Ed Balls, who could be finance minister if Labour wins the election, said the issue pulling the Conservatives apart – membership of the European Union – would barely figure in voters’ concerns come 2015.