A default by Greece on its debt is not an option, says Lorenzo Bini Smaghi, executive board member of the European Central Bank. He tells FT Frankfurt bureau chief, Ralph Atkins, that EU politicians need to do more about the eurozone debt crisis. They also discuss Ireland, inflation, the UK and Jean-Claude Trichet’s successor. Click to [...]

Richard Jones, deputy executive director of the International Energy Agency, says that high oil prices will present a significant burden to the global recovery. As unrest in the Middle East puts a strain on supply and oil passes the $100 mark, the ambassador tells Javier Blas that the time is right for Opec to consider [...]

Ahead of the Curve: Preparing for. growth Click to Watch Source – FoxBusiness.com

Michael Cox: Fed wants inflation Click to Watch Source – FoxBusiness.com

For Asia, 2011 will be a year of more volatility, more inflation and more capital controls. Nicholas Kwan, Standard Chartered’s head of Asia research, tells Josh Noble, the FT’s Asia emerging markets editor, that opportunities abound amid the volatility. Click to Watch Source – FT.com