Talking of Southampton – and why wouldn’t we be? – Saints are planning to take on Liverpool and RB Leipzig in the race to sign the highly regarded Werder Bremen midfielder Milot Rashica. The Kosovo international has scored seven times for the struggling Bundesliga side this season and is valued at around £22m. … [Read more...] about Football transfer rumours: Leicester to sign Liverpool’s Adam Lallana?
Fast international money transfer
Gold has now more than tripled since Gordon Brown ordered the Bank of England to start selling half of Britain's bullion reserves. The first auction in 1999 was at $254 an ounce, the absolute bottom of a 21-year bear market. The total losses for the British taxpayer caused by these sales now amount to well over £3bn, even after adjusting for returns on alternative dollar, yen and euro bonds. … [Read more...] about Banking crisis: Investors pile into gold and bonds
His agent held talks with Inter this month and the Serie A club, coached by Antonio Conte, are awaiting an answer on their offer. Three of their squad, Romelu Lukaku, Ashley Young and Alexis Sánchez, have played for United. … [Read more...] about Manchester United’s Tahith Chong seriously considering Inter offer
Ashok Bhundia, new markets economist at Goldman Sachs, said new bail-outs would be likely to have tough strings attached - and the financing gap facing many governments is so large that the ECB or individual European countries may have to provide extra help. 'While IMF assistance is certainly welcome, it is far from clear that in current market conditions it will be enough in all cases to ensure the return of capital inflows or enable these countries to avoid severe economic adjustments,' he said. … [Read more...] about IMF’s new lifeline for emerging markets
With the financial crisis emerging as a key factor in the US presidential election, the Democrat candidate for the White House, Barack Obama, said tonight that conditions were the most serious since the crash of the 1930s and that they exposed faults in the "economic philosophy" of his rival John McCain. "It's a philosophy we've had for the last eight years — one that says we should give more and more to those with the most and hope that prosperity trickles down to everyone else." … [Read more...] about Wall Street jobs cull begins as Lehman rescue bid fails