Comment, analysis and other offerings from Monday’s FT,
Wolfgang Münchau: The benefits of a single European bond
It is difficult to see how a common bond issuance would solve the acute problem of a hypothetical payment default of a member state of the eurozone. But it is a good idea nevertheless.
Robert Zoelick: Time to herald the age of responsibility
It would be an era of responsible globalisation, where inclusivity and sustainability take precedence over the enrichment of a few.
Thomas Mirow: How to save Eastern Europe
The president of European Bank for Reconstruction and Development writes that now parent banks of Eastern European subsidiaries are confronted with the global financial crisis it is crucial that they uphold their commitments to emerging Europe.
Editorial comment: A Saudi warning
The Saudis have emitted a crescendo of warnings, as Arab leaders over the past decade have lost faith in American leadership and signalled they may make their own arrangements.
Lex looks at a gilty party
Governments are expected to raise $3,000bn globally in 2009, three times last year’s sum. Who will buy it?
Keith Skeoch calls for action not accusations in finance
The chief executive of Standard Life Investments writes there has been too little focus on the way in which boards manage risk given their particular business model, how shareholders can hold them to account for this and how we can ensure boards have the skills they need.
Maverecon Willem Buiter looks at the consequences of “blaming” China
If the US administration were to formally name China as a currency manipulator, a range of trade sanctions could be imposed by the US government.
FT Video interviews “Mr Yen”
Eisuke Sakakibara of Waseda University discusses the rising yen, warning Japan’s finance ministry is too strong and too focused on budget consolidation.