In today's FT

View an online version of this email here.  All times are London time: Thursday Mar 26 2009 Financial Times - UK Homepage PM backs away from new UK stimulus Mar 26 2009 00:17 Gordon Brown aiming to shift the political focus from a fiscal stimulus to other mechanisms intended to kickstart the economy Read more » Network Rail rapped on major line closures Mar 26 2009 00:16 Track operator accused by transport minister Lord Adonis of a serious failure to take account of passenger interests as well as making misreading promises Read more » EU leader condemns US 'road to hell' Mar 26 2009 00:12 EU hopes for a new era in relations with the US were thrown into chaos when the Czech prime minister condemned American remedies for the global recession Read more » Financial Times - US homepage EU leader condemns US 'road to hell' Mar 25 2009 20:00 EU hopes for a new era in relations with the US were thrown into chaos when the Czech prime minister condemned American remedies for the global recession Read more » Dollar dips on Geithner's 'loose talk' Mar 25 2009 20:27 The dollar fell briefly after US Treasury secretary Tim Geithner said he was open to exploring a Chinese proposal to reduce reliance on the US dollar as the world's reserve currency Read more » Letter reveals AIG paid bonuses early Mar 25 2009 19:03 AIG paid more than $40m in controversial retention bonuses to staff at its troubled financial unit in December, three months ahead of schedule, according to the resignation letter of an executive at the insurance group Read more » Financial Times - Europe homepage EU leader condemns US 'road to hell' Mar 26 2009 00:12 EU hopes for a new era in relations with the US were thrown into chaos when the Czech prime minister condemned American remedies for the global recession Read more » UK public finance fears hit gilt auction Mar 26 2009 00:17 Signs of intensifying strains in bond markets over record amounts of debt issuance needed to pay for the bills of recession, stimulus packages and bank bail-outs Read more » Dollar dips on Geithner's 'loose talk' Mar 26 2009 01:14 The dollar fell briefly on Wednesday after Tim Geithner, the Treasury secretary, appeared to suggest that the US was open to exploring a Chinese proposal to reduce reliance on the dollar as the world's reserve currency Read more » Financial Times - Asia homepage Dollar dips on Geithner's 'loose talk' Mar 26 2009 01:14 The dollar fell briefly on Wednesday after Tim Geithner, the Treasury secretary, appeared to suggest that the US was open to exploring a Chinese proposal to reduce reliance on the dollar as the world's reserve currency Read more » EU leader condemns US 'road to hell' Mar 26 2009 00:12 EU hopes for a new era in relations with the US were thrown into chaos when the Czech prime minister condemned American remedies for the global recession Read more » US retail investors flee to savings Mar 25 2009 23:37 US retail investors poured close to $250bn (€184bn) into bank accounts in the first months of this year, sharply accelerating a flight to safety as they continued to flee volatile stock markets Read more » FT.com - World UN urges $1,000bn for developing world Mar 26 2009 00:38 The UN secretary-general has urged G20 leaders to back a $1,000bn stimulus package for developing countries threatened by the global financial crisis. Read more » Plunging exports fuel Japan crisis fears Mar 26 2009 00:37 Tokyo suffered another record drop in exports last month while imports also fell much more than expected, highlighting the impact of the global downturn on the world's second largest economy Read more » Obama scrambles to defend budget Mar 25 2009 23:12 Barack Obama scrambled to defend his 2010 federal budget amid Republican claims that the $3,600bn (€2,658bn, £2,463bn) plan would put the US on the path to economic ruin Read more » Geithner 'power grab' could worry creditors Mar 25 2009 20:35 Tim Geithner's bid for new power to force a restructuring at failing financial institutions is securing broad approval in Congress, but may prove worrying to creditors Read more » Czech threat to Lisbon treaty Mar 26 2009 00:12 Ratification of the European Union's reform treaty could be made more difficult by the fall of the Czech government and its knock-on effect for the EU presidency, officials warn Read more » FT.com - Companies IBM set to lay off 5,000 in North America Mar 26 2009 00:21 IBM is set to lay off about 5,000 staff in its North America operations, with many of the cuts likely to come in the global services division, which has been a consistent source of profits at Big Blue Read more » US retail investors flee to savings Mar 25 2009 23:37 US retail investors poured close to $250bn (€184bn) into bank accounts in the first months of this year, sharply accelerating a flight to safety as they continued to flee volatile stock markets Read more » Letter reveals AIG paid bonuses early Mar 25 2009 19:03 AIG paid more than $40m in controversial retention bonuses to staff at its troubled financial unit in December, three months ahead of schedule, according to the resignation letter of an executive at the insurance group Read more » BofA plans swift payback of Tarp funds Mar 26 2009 00:09 Bank of America intends to start paying back $45bn in taxpayer funds in late April, after the results from the Treasury Department's first round of 'stress tests' are issued Read more » L&G slumps to a loss and halves dividend Mar 25 2009 21:38 The insurance company slashed its dividend in an attempt to conserve capital as it reported heavy losses for 2008. Its shares fell 7 per cent on the decision Read more » FT.com - Financial Markets News Overview: Bond concerns overshadow better data Mar 25 2009 19:47 Wall Street relinquishes strong early gains as worries about waning foreign demand for US debt overshadowed signs of improvement in the US economy Read more » Dollar dips on Geithner's 'loose talk' Mar 26 2009 01:14 The dollar fell briefly on Wednesday after Tim Geithner, the Treasury secretary, appeared to suggest that the US was open to exploring a Chinese proposal to reduce reliance on the dollar as the world's reserve currency Read more » London stocks finish volatile session flat Mar 25 2009 23:10 London's equities market finished a volatile session with a 0.2 per cent loss, as insurers retraced recent gains after Legal & General halved its final dividend to 2.05p Read more » Deutsche Bank's Asian trading star bows out Mar 25 2009 23:05 The banker who led and expanded Deutsche Bank's distressed debt trading business in Asia has resigned, becoming the latest senior departure from the unit's global ranks Read more » Oil slips as commodities retreat Mar 25 2009 18:15 Oil prices fell following the latest US weekly inventories data while gold rose after the dollar weakened in reaction to comments from Tim Geithner, US Treasury secretary Read more » FT.com - Comment and analysis We need to share the bill for bail-outs Mar 25 2009 21:16 One thing we have learnt in the past year is that some banks are definitely too big to fail, writes .John Gapper. We may yet discover something even more disturbing: that some are too big to save Read more » Daddy, tell me, what exactly is a derivative? Mar 25 2009 22:39 It is not that Obama is not communicating well; it is that what he is communicating is too complex to put in words, writes James Carville Read more » Obama's bank plan could rob the taxpayer Mar 25 2009 23:14 Geithner and Summers should at least explain the true risks of large losses by the government under their plan, argues Jeffrey Sachs Read more » China's retort to Coke stirs fears of retaliation Mar 25 2009 23:40 Most troubling is that Beijing appears to have dressed up concerns about national interest in antitrust clothing, writes David Pilling Read more » Wanted: an impresario of industrial theatre Mar 25 2009 23:07 Manufacturers would do well by emulating Boulton – scientist, technologist, entrepreneur and patron of the arts, writes Jonathan Guthrie Read more » FT.com - Business Life When bonus rage turns violent Mar 25 2009 19:03 As public distaste at taxpayer-funded bail-outs has turned to 'bonus rage' directed at specific individuals, the fear of physical harm has grown appreciably Read more » ABOUT THIS EMAIL You have received this email because you have signed up for this briefing on FT.com Manage subscriptions | Unsubscribe | Change your email address Change whether you receive this email as HTML or plain text | Forward this email to a friend Privacy policy | Advertise | Contact © Copyright The Financial Times Ltd 2009. 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