• Gordon Brown for the first time uttered the "r" word - recession, agreeing with the governor of the Bank of England that Britain appears to be heading into recession.

    BBC: ANALYSIS BY CAROLE WALKER

  • Given that his soldiers virtually keep the town going their tasks range from shooting wild dogs to paying pensions in crisp German bank-notes one might think his word was law.

    ECONOMIST: A besom for the Balkans

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