Where will the next financial crisis come from ?
Britain will be the best performing of the world's major economies this year with growth of 2.9%, according to the International Monetary Fund, as consumer spending rebounds, inflation remains low and unemployment continues to fall steadily.
The global economy seemed to be on the mend when the International Monetary Fund met for its spring meeting in Washington 10 years ago.
Chancellor George Osborne has appointed a respected female economist as a Bank of England deputy governor, ending four years of an all-male interest-rate setting committee.
The scale of Britain's growing inequality is revealed today by a report from a leading charity showing that the country's five richest families now own more wealth than the poorest 20% of the population.
Despite an elegant solution that involved no new commitments of resources, the US Congress has refused to take up a long-delayed funding proposal for the International Monetary Fund.
The International Monetary Fund is widely expected to raise its outlook for the UK this week, nudging up the country's growth forecasts by more than for any other major economy.
It was impossible to find anybody at last week's meeting of the International Monetary Fund willing to believe that the US will actually default on its debts.
Shares and oil prices rose strongly on Thursday amid hopes that policymakers in Washington were buckling under the global pressure for them to settle their differences and prevent a US debt default.