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| The US economy is built on sand |
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| Washington cannot prescribe the balance of the economy, but there is much it could do to place the US recovery on firmer foundations |
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| Obama address adds to Syria confusion |
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| Barack Obama is unlikely to have changed public opinion in the US with his Wite House address on Syria and may even have left more people confused |
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| Obama has allowed Assad into the debate |
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| Amid the global diplomacy, Damascus is trying to sow doubt about its use of chemical weapons and is arguing that, like the US, it is fighting al-Qaeda |
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| Russia proposal is welcome, in principle |
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| Getting Moscow's co-operation is in all interests. We need to examine the details of the plan – and, in the meantime, keep the pressure on Damascus |
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| The power of the bond markets is a bluff |
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| With long-term borrowing costs at about zero for advanced economies, those worried about future financing should issue as much debt as possible |
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| Face reality and start talking to Mugabe |
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| Emboldened by its economic growth, angered by western moralising and challenging traditional ties with Europe, Africa has a new voice |
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| Tragedy looms in spite of good intent |
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| The safe and prosperous version of Germany that Angela Merkel hopes will vote her to a third term in power hides a darker and more complex reality |
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| Abe tries to write Olympic revival story |
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| Shinzo Abe and his government are framing Tokyo 2020 as the symbolic heir to the Japanese capital's Olympic debut half a century ago |
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| End of cheap money hits Asian groups |
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| Strengthening dollar and prospect of tapering of Fed's quantitative easing take toll just as China looks set to put pressure on regional competitors |
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| UK gets wrong kind of economic recovery |
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| The trouble with British housing bubbles is that they encourage deindustrialisation and reduce the growth potential of the economy |
