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'This is the worst recession for over 100 years' - UK Politics, UK - The Independent
Britain is facing its worst financial crisis for more than a century, surpassing even the Great Depression of the 1930s, one of Gordon Brown's most senior ministers and confidants has admitted. In an extraordinary admission about the severity of the economic downturn, Ed Balls even predicted ...
BBC NEWS | UK | UK Politics | Dutch MP refused entry to Britain
BBC NEWS | UK | UK Politics | Dutch MP refused entry to Britain
news.bbc.co.uk — A Dutch MP who called the Koran a "fascist book" has been sent back to the Netherlands... after attempting to defy a ban on entering the UK. Freedom Party MP Geert Wilders had been invited to show his controversial film - which links the Islamic holy ... (more) BBC NEWS | UK | UK Politics | Dutch MP refused entry to ...
Obama: This isn't your 'run-of-the-mill recession'
Obama: This isn't your 'run-of-the-mill recession'
cnn.com — President Obama urged Congress "to act without delay" on his economic stimulus plan.... (more) Obama: This isn't your 'run-of-the-mill recession'
BBC NEWS | UK | UK Politics | Bid to reveal 'torture' evidence
BBC NEWS | UK | UK Politics | Bid to reveal 'torture' evidence
news.bbc.co.uk — Lawyers acting for a UK resident being held at Guantanamo Bay are launching a new High Court... bid to have alleged evidence of torture made public. Binyam Mohamed, 30, says he was tortured before being flown to the US detention camp in Cuba. Last week, ... (more) BBC NEWS | UK | UK Politics | Bid to reveal 'torture' ...
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'This is the worst recession for over 100 years'
Democratic Underground Latest Breaking News — ... that the recession could play into the hands of the far right. "The economy is going to define our politics in this region and in Britain in the next year, the next five years, the next 10 and even the next 15 years," Mr Balls said. "These are seismic events that are going to change the political landscape. I think this is a financial crisis more extreme and more serious than that of the 1930s, and we all remember how the politics of that era were shaped by the economy." Read more: http://www.independent.co.uk/news/uk/politics/this-is-t... President Obama is not the only one ...

Recession to have impact for up to 15 years
AMERICAblog News| A great nation deserves the truth — Others have made similar comments recently but the fact that someone so close to Prime Minister Gordon Brown is saying this is important. Moving out of this recession will take time and it's difficult to see how the lasting impact could not last well beyond even 15 years. The regulation and oversight that existed since the Great Depression was wiped out during the GOP Congress-Clinton years so it may be another 50 or 60 years until one party wants to forget about the lessons of this recession and turn back the clock again to learn these problems all over again. ...

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Have we seen the worst of this recession?
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BBC NEWS | Business | UK in recession as economy slides
news.bbc.co.uk 1/23/2009 — The UK is now in recession for the first time since 1991, official government figures have confirmed. Gross domestic product fell by 1.5% in the last three months of 2008 after a 0.6% drop in the previous quarter. That means that the widely accepted ...
BBC NEWS | UK | UK Politics | Obama hails special relationship
news.bbc.co.uk 3/3/2009 — President Barack Obama has said the US-UK "special relationship" will "only get stronger", after holding talks with prime minister Gordon Brown. It was "not just important to me; it's important to the American people", he told reporters in the White ...
It's a Recession, Really
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BBC NEWS | UK | UK Politics | Obama arrives in UK ahead of G20
news.bbc.co.uk 3/31/2009 — US President Barack Obama has arrived in the UK for his first major foreign trip since taking office in January. Mr Obama's first stop is London where he is to attend the G20 summit hosted by British Prime Minister Gordon Brown. He will also join ...
Why We're Probably in For a Long Recession
fivethirtyeight.com 2/17/2009 — Ask yourself the following: is momentum a good thing or a bad thing? One of the more persistent trends in the United States' postwar economic history is that the volatility in the performance of the economy has decreased over time. For example, from ...
BBC NEWS | UK | UK Politics | Tax rise as UK debt hits record
news.bbc.co.uk 4/22/2009 — Alistair Darling has said the UK will have to borrow a record 175bn as he admitted the economy faces its worst year since the Second World War. The chancellor tore up a key New Labour election pledge by unveiling a new 50p tax rate for earnings over ...
UK: 2008 Rundown
brusselsjournal.com 12/26/2008 — Looking at Britain in 2008 certain themes of course stand out more than others, and perhaps none more than the introduction of sharia law, the possibility of which had first been to public attention by Archbishop of Canterbury Rowan Williams. The ...
Cabinet chief: Obama team 'unreachable' - UK Politics, UK - The Independent
independent.co.uk 3/11/2009 — Last week, it was all smiles and handshakes as Gordon Brown and President Barack Obama put on a show of unity in Washington. But yesterday, Sir Gus O'Donnell, Britain's most senior civil servant, exposed transatlantic tension when he protested that ...
Top Intelligence Adviser Warns of Threat From Long RecessionWSJ.com: Washington Wire 2/12/2009
Siobhan Gorman covers intelligence issues. The longer the global economic lasts, the greater the threat it poses to national security, President Barack Obama ’s top intelligence adviser warned. “Time is probably our greatest threat,” Dennis ...