John McCain’s speech
Clive Crook’s blog: John McCain’s closing speech to the convention was disappointing. The speech concentrated mainly on his biography—again
Principal content
US financial rescue boosts investor risk appetite
World equities markets rallied and Treasury prices tumbled after the US government siezed control of Freddie Mac and Fannie Mae, which between them have outstanding liabilities of $5,400bn
ConocoPhillips plans venture with Origin
Deal likely to end BG’s attempted takeover
Eni emerges as buyer of First Calgary
Extends access to gas in N Africa
Sarkozy to urge Moscow to pull back
Rising tension in EU-Russian relations
Lehman in fresh shake-up of top executives
Jeremy Isaacs to leave at end of year
German SPD picks Steinmeier
Reformers at helm in run up to election
Related content and features
Video
UK Daily View: Martin Wolf on Freddie/Fannie deal
The implications of the US government’s bail-out of Fannie Mae and Freddie Mac for the world economy
Republican Convention
Edward Luce, Washington DC Bureau Chief, reports from St Paul after John McCain’s speech
View from the Top: Google’s Eric Schmidt
The chief executive of Google discusses the launch of Chrome, China and Russia, and Barack Obama
Interactive
Business education soapbox
Forum: Does studying for an MBA with international classmates give an accurate picture of working in global business?
Fashion week: news from the runway
Maybe it was John McCain and his “fight” speech at the Republican Convention, but as New York fashion week opened last weekend, the clothes were notably tougher and more aggressive than they have been in years
Back to where we started from
Gideon Rachman’s blog: Despite the Palin effect, it appears Obama supporters are still more enthusiastic than Republicans
Comment
How a downturn could turn into a disaster
Recent research suggests global investors might be inclined to switch out of dollars much faster than some people believe, says Wolfgang Münchau
Europe must bring Ukraine into the fold
The EU should begin to restore its influence in eastern Europe by putting Ukraine on a track to accession, says Tomas Valasek
A delicate balance in the Freddie and Fannie action
The US Treasury’s takeover of the mortgage finance companies aims to halt further devastation caused by the deleveraging hurricane, writes Mohamed El-Erian
British manufacturing is at a critical point
Globalisation has brought big opportunities along with headaches and has changed the nature of British manufacturing, writes Richard Lambert
Lex
Fannie and Freddie
The US’s decision to place Fannie Mae and Freddie Mac into “conservatorship” came without a specific cause but a sense they were failing to provide affordable mortgage debt
UK unemployment
If next week’s UK unemployment figures show a similar jump in joblessness to those in the US, the Bank of England will come under extraordinary pressure to respond
Propping up the rouble
Russia’s choice of confrontation with the west has done it harm. But a month after Russia’s invasion of Georgia, it is time for a reality check
Editorial comment
Kiev needs EU more than Nato
A future membership pledge would not, in itself, protect Ukraine from outside interference. But by giving Kiev’s leaders a common goal, it would make that interference easier to resist
Quality of mercy
Whoever takes the White House in November has an excellent chance to continue reforming American aid in line with emerging international standards
Lost in a timewarp
British trade unions are in need of a survival strategy. The slowing economy will further erode membership. But job insecurity is an opportunity too
