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Honda quits F1 as financial crisis bites

Sport’s financial crisis deepens as Brawn breaks news, prompting flood of calls from staff to other racing teams

Europe’s central banks slash rates

Trichet warns of ‘sluggish demand persisting for next few quarters’

Sarkozy unveils €26bn stimulus package

Targeted measures to support industry

Australia instructs workers to take a break

Campaign aims to boost tourism

Security alert at Indian airports

Follows e-mail threat by Deccan Mujahideen

Outline Doha deal hangs in balance

US struggles with sceptics and lobbies

Economists warn on LatAm credit squeeze

US Treasury bond glut chokes access to credit

UAE arrests 8 in trafficking crackdown

Country also defends human rights record

Baghdad and Kurds near oil pact

Progress made on deal for northern region

Putin seeks to reassure Russians

PM is still ‘father of the nation’

Related content and features

Analysis

Negative territory

europe

Europe: As central banks across the continent again cut interest rates, evidence of economic decline abounds. FT reporters visit businesses in a handful of countries to find how the downturn is making itself felt

Comment

Never mind the team: the president makes the moves

Philip Stephens

Why would a president who wanted to change things put the task in the hands of inexperienced acolytes, asks Philip Stephens

‘A framework for economic stability’

Samuel Brittan

The biggest error was to take too seriously voices clamouring for a path to sound finance once the recession is over, writes Samuel Brittan