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Ambrose Evans-Pritchard – Finance and business comments: Ambrose Evans-Pritchard has covered world politics and economics for a quarter century, based in Europe, the US, and Latin America. He joined the Telegraph in 1991, serving as Washington correspondent and later Europe correspondent in Brussels. He is now International Business Editor in London.
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Ambrose Evans-Pritchard
Ambrose Evans-Pritchard – Finance and business comments: Ambrose Evans-Pritchard has covered world politics and economics for a quarter century, based in Europe, the US, and Latin America. He joined the Telegraph in 1991, serving as Washington correspondent and later Europe correspondent in Brussels. He is now International Business Editor in London.
The long-simmering clash between the world’s two great powers is coming to a
head, with dangerous implications for the international system.
Europe’s governments are at increasing risk of an interest rate shock this
year as the lingering effects of the Great Recession drive debt issuance to
record levels and saturate bond markets, according to Standard & Poor’s.
UniCredit says Britain is at serious risk of a bond and sterling debacle and
faces deeper woes than Greece.
France has vowed to retaliate against the US for allegedly shutting Europe’s
aviation giant EADS out of a $50bn defence contract.
Europe’s leaders have launched a concerted attack on financial speculation,
blaming the crisis in Greece on the use of debt derivatives by hedge funds.
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