The turmoil, which some say was inevitable given aggressive hiking cycles, exposes the dependency of advanced economies on cheap credit

Global growth has been surprisingly strong, but the surge in buybacks is limiting expenditure and could cause more political turmoil

Hyper-cartels now determine the global market, feeding the few and starving the many

A decade of unconventional monetary policy has stored up immense vulnerabilities in the world economy

Once called the "dark continent", Africa is now better known as the next growth frontier and is ripe for investment opportunities

Ireland was the Icarus economy. An export sector that does not rely on banks for funding has managed to keep the economy afloat.

In the long run, the 15 September 2008 collapse of Lehman Brothers is likely to be seen as more significant than the fall of the Twin Towers.

If Athens reneges on its debts it will shatter the markets’ confidence in the eurozone project.

Lehman Brothers Holdings used accounting gimmicks and had been insolvent for weeks before it filed for bankruptcy in September 2008.

For the next four weeks, the fear that any bank anywhere, no matter how big, could be at risk would stalk the markets.

United States President Barack Obama bluntly warned on Monday that some Wall Street bosses were ignoring lessons of the financial crisis.

Barack Obama will push for stricter oversight of Wall Street, using the anniversary of Lehman Brothers’ collapse to argue for sweeping changes.

For Barclays and Nomura, the collapse of Lehman Brothers was the opportunity of the lifetime — a chance to grab a seat at banking’s top table.

Chiu Hei-chun spent 50 years washing dishes at a roadside stall in Hong Kong only to lose his life savings when Lehman Brothers went belly up.

Having sabotaged eco-innovations, the motor industry is now demanding billions, writes George Monbiot.

Governments around the globe launched a multi-pronged attack on the finance crisis on Monday, with markets enjoying record one-day rises.

The architects of a -billion bailout for the United States financial system urged lawmakers on Tuesday to move quickly.

If this is the death of Wall Street as we know it, the tombstone will read: killed by complexity.

The Bush administration asked Congress on Saturday for -billion to bail out firms burdened with bad mortgage debt.

The JSE lost 7% in the first three days of this week as the world faced the biggest financial meltdown since 1929.