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  • Breaking news

Principal content

Libby found guilty in CIA leak case

Lewis ‘Scooter’ Libby, the former chief of staff to Dick Cheney, the US vice-president, was convicted on four of five counts of perjury and obstruction of justice.

Greenspan at odds with Fed over recession

Former Fed chief risks renewed controversy

Google chief dismisses criticism from rivals

Schmidt calls comments a form of negotiation

Related content and features

Beijing fears virtual money’s real influence

Renewed crackdown on internet use

UK says ‘work to be done’ on EU-US flights deal

Minister raises hopes of Virgin and BA

Attacks target Shia pilgrims in Iraq

Police: 257 dead or wounded

Restructuring hurts France Telecom

Dividend stable despite fall in profits

ECJ rules Italian gambling barriers illegal

Betting companies hail landmark ruling

Citigroup offers $10.8bn for Nikko Cordial

Largest-ever foreign deal for Japanese company

French Airbus workers strike against job cuts

Electoral pressure to save French jobs

Lex

European railways

Even if you’re on the right track, you’ll get run over if you just sit there. With privatisation of Europe’s railways proceeding at a snail’s pace, governments should remember this axiom.

European view

Private equity can’t keep its eyes off Vivendi

European comment

It now emerges that Eurazeo, the French private equity firm, also knocked on Vivendi’s door after KKR had gone away empty handed.

Markets

Subprime lending

John Authers

Why all the worry about subprime lending in the US? Bad defaults in the sector, which only accounts for about 8% of US mortgages, could force defaults on instruments that investors thought were almost as safe as Treasuries, writes John Authers.

Analysis

How missile defence pits the Pentagon against allies

US flag

Washington is seeking to convince sceptical western capitals that its anti-ballistic missile programme needs sites in Europe.

Comment

There is no mystery in Russia pursuing its interests

Russia

When seeking to predict Russia’s response to any event, the key is Russian national interest, writes Alexander Bulygin.

Editorial comment

Germany’s chancellor is showing a sure touch in Europe

Angela Merkel

Partly through luck and partly through sensible pragmatism, the chancellor seems to be getting her way.


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One in the eye for private equity

Martin Wolf

Economists’ Forum: Willem Buiter responds to Martin Wolf on “the barbarians at the gates”

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TN Ninan on India

Here is how India’s finance chief could have sold his budget - with better results

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Women in senior management

Q&A: Why are women under-represented in the boardroom? Quiz a panel of experts

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