Mr Wechlin said that besides pure convenience, the system also significantly increases the time the bus can remain in operation as it does not need to go to the depot every few hours for recharging and there is no need to swap batteries.

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They would then have the capacity to go and buy all of the sickly sovereign bonds that the banks are sitting on and swap them for bonds they themselves will issue.

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The first go at co-operation, the Chiang Mai Initiative of 2000, was to expand and formalise a network of bilateral swap agreements between central banks, under which they promised to provide each other with liquidity.

ECONOMIST: Banyan

During our poverty tour last year, we met countless people caught in vicious cycles of looking for nonexistent jobs because their unemployment benefits were expiring or had run out, scraping change together for gas to go on interviews that may or may not pan out, and having to swap food stamps for cash to keep the lights or gas on in the house.

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