♦ Gillian Tett speaks to Alan Greenspan and finds he is prepared to admit that he got it wrong – at least in part.
♦ The White House glitches have gone further than Obamacare, as the administration has been continuously caught off guard by recent crises from Syria to spying, says Edward Luce. And the president gives few signs of having found a learning curve.
♦ France’s central bank governor, Christian Noyer, says Europe’s financial transaction tax poses an “enormous risk” to the countries involved.
♦ Spain’s mini gold rush in the country’s north is part of a broader movement by foreign investors seeking to turn Spain’s woes to their advantage. It also shows some of the difficulties of investing despite a more positive outlook.
♦ Ikea has sent self-assembly huts to Ethiopia to house Somali refugees – and they could soon be used as alternatives to tents elsewhere.
♦ Josef Joffe, editor of Die Zeit, looks at the history of top-down capitalism and wonders whether China can sustain its astounding growth.
♦ The art world may be marvelling at China’s booming market, but many transactions have not actually been completed and the market is flooded with forgeries. Read more
© The Financial Times Ltd 2015 FT and 'Financial Times' are trademarks of The Financial Times Ltd.