Stock markets in New York and London climbed to new highs on Tuesday as the Dow Jones Industrial Average surged to its highest closing level and the London market surpassed a level last reached five years ago.
The US economic recovery juddered to a halt in the final months of 2012 as the government slashed defence spending, business orders declined, and Washington fought over the fiscal cliff budget crisis.
The vast fortunes made by the world's richest 100 billionaires is driving up inequality and hindering the world's ability to tackle poverty, according to Oxfam.
The Occupy Movement has found an unlikely ally in a senior Bank of England official, Andrew Haldane, who has praised protesters for their role in triggering an overhaul of the financial services sector.
