Roberto Abraham Scaruffi

Monday, 1 February 2010

The scorn poured on the banking industry at this year's get-together in the Swiss ski resort was a sign of a mounting international backlash against the financial sector.

China's suspension of military exchanges with the U.S. in retaliation for a $6.4 billion arms sale to Taiwan heightens the risk of friction between Beijing and Washington at a time when they are already at loggerheads over a host of security and economic issues.