Anatole Kaletsky: Economic view

Oil is the key to world recovery

The shock of $140 oil has created inflationary and deflationary pressures that threaten world economy and policy tools

Stone Age lesson on taming oil price

There are four big steps that governments in oil-consuming regions could take once they recognise the threat of $100 oil

Truth behind those nice headlines

The Monetary Policy Committee knows any action it takes will have no effect on inflation until the second half of 2009

Gary Duncan: Economic View

This is not the Seventies revisited

Compared with Britain's malaise 30 years ago, stagflation in its present form is still pretty mild

Fuel costs take the drive out of the US

News that American motorists are losing their love of four wheels is the latest sign that we are entering a new economic era

Testing times ahead as euro turns ten

The still-youthful euro, once ridiculed as a 'toilet currency', is now thriving, showing its strength with remarkable resilience

ROSEMARY RIGHTER: ECONOMIC VIEW

Economic Outlook: David Smith

Irwin Stelzer

Oil and credit woes fuel long summer of discontent

Only 14% of Americans are satisfied with the way things are going in the United States

It's grim, but at least we're not British

Americans generally count their blessings on a holiday such as this, but tomorrow comes a return to harsh reality

Central banks turn guns on inflation

If you think that the statements of the central bankers mean that peace prevails in international finance, think again