UK

Things are happening so fast and furiously in Washington, DC, that a body can barely keep up. As much as I used to love to poke fun at the do-nothing members of the House and Senate, I've now learned that it would have been better to let sleeping dogs lie.

Toby Harnden, who covers Washington for Telegraph.co.uk reports, "Comments by Timothy Geithner about China’s proposals for overhauling the global monetary system that sent the dollar tumbling on Wednesday marked the second time recently that he and President Barack Obama had directly contradicted each other." MORE