Britain: Alistair Darling, the Chancellor of the Exchequer, has just announced the world’s biggest bailout for a single bank in a bid to rescue the Royal Bank of Scotland (RBS): here.
Quebec: The ruling elite views the province’s deteriorating fiscal position as an opportunity to press for changes in socio-economic policy that it has long sought, including cuts in public and social services, hikes in university fees, electricity rates, and user fees for many government services: here.
USA: Taxpayers on hook as some bailed-out firms prove frail: here.
