It’s not all bad news…There are some great companies out there…So don’t throw out the baby with the bathwater… Trepidation has taken the place of anticipation.

Mexico’s central bank unexpectedly raised its benchmark interest rate by a quarter percentage point to 7.75% Friday, warning that the rate of inflation may exceed its previous forecast.

Barclays PLC (ADR: BCS), the United Kingdom’s fourth-largest bank, may get a $927 million cash infusion from Japan’s Sumitomo Mitsui Financial Group Inc. by the end of the month.

As rocky as the global markets have been, the worst is yet to come, the Royal Bank of Scotland Group PLC (ADR: RBS) warns.

Canada’s consumer price inflation rose 2.2% year-over-year in May, edging ahead as the Bank of Canada signaled it would last week. The spike suggests Canada’s economy of is also sputtering alongside that of the United States, but soaring commodities costs just may help our northern neighbor skirt recession.

The tale behind healthy-eating fast-food chain Leon sounds like a scriptwriter’s pitch for a souped-up Noughties version of The Good Life. Co-founders Henry Dimbleby and John Vincent were once 100-hour-a-week management consultants in the City before they left it all behind to go it alone and pursue healthier lifestyles.

Here’s a not-too-controversial prediction. Later this month, Big Merv King will get the Basildon Bond out and pen his missive to the Chancellor, Alistair Darling, explaining why inflation has gone over 3.0%.

Despite having the lowest overnight rate of the Group of Seven nations, Japan’s central bank unanimously voted today (Friday) to keep its key interest rate steady at 0.5%.

The markets are riddled with confusion. And man what a difference a few days makes in the currency markets. So much has been happening, where do I even begin?

Why inflation is bad news for the high street. You’d expect the slump in the housing market to take its toll on the high street. And indeed it has.