Paul Taylor

Let market decide GM Europe's future

With massive overcapacity in the automobile sector, European governments would be well advised to let the market decide the fate of stricken U.S. car giant General Motors' European subsidiaries.

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Buck-passing augurs ill for G20 summit

The foreplay to next month's G20 summit is degenerating into a buck-passing exercise rather than crafting a Grand Bargain to save the world economy and regulate capitalism....

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EU floaters, fixers face contrasting woes

Damned if they do, damned if they don't -- East European countries have no safe option in the financial crisis whether they float their currency or peg it to the euro. And trying to switch course in the middle of the storm looks fraught with danger....

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U.S. may rue new coolness to trade pact

Under pressure from business lobbies and organised labour, the Obama administration has just dealt a potentially fatal blow to long-stalled world trade negotiations. ...

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Act now or face harsh EU bailout terms

If the European Union has to bail out governments with payments problems in eastern Europe or the euro zone, the conditions would be so draconian as to cast those countries' economies deeper into a vale of tears....

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