Principal content
Merkel to fight vehicle emissions plan
Angela Merkel vowed to fight plans for European restrictions on vehicle carbon emissions, saying her government would ‘fight with all its strength’ against moves by Brussels to combat global warming.
Warning on China stock market ‘bubble’
Top legislator predicts overheating
BMS bolsters its banking team
Move seen as step towards bidding war
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Lex
Central bank forecasting
Milton Friedman, in one of his final interviews, suggested that monetary policy should be run by a computer. Since the future is uncertain, any interest rate mechanism will make wrong decisions.