1. Formula One's governing body has published rules for 2008 to tackle what it sees as the "financial profligacy" of manufacturers determined to win whatever the cost.
There is a lot of talk about fiscal discipline within the euro zone, not least because financial markets are punishing Europe's peripheral economies for their profligacy.
Debt in these countries has become a burden not because of government profligacy but because each enjoyed a decade of low interest rates and was then hit by the financial crisis.