Washington Post Foreign Service Tuesday, October 14, 2008; Page A08 LONDON, Oct. 13 -- Prime Minister Gordon Brown, given up in Britain as political flotsam just weeks ago, has emerged from the global financial crisis as a leader whose ideas are influencing policy from Europe to Washington. "He's the cat who got the cream," said Anthony Seldon, a British historian and author. "There is hardly a world leader who has a more profound mastery of economics. It was a gift from heaven for him to have this crisis in his field of expertise." Last week Brown announced that Britain would inject tens of billions of pounds of capital into troubled British banks in exchange for shares -- taking an ownership stake -- as well as put up hundreds of billions of pounds to guarantee the banks' loans. Just days later -- lightning speed for such...
[read full story]
Your Web Site
