And what the chairman had testified to you yesterday was that he thought that there was no more water in the pool, essentially, there was no more cooling mechanism.

WHITEHOUSE: Press Briefing

One prominent Chinese economist I was talking to yesterday was saying he thought China's senior policymakers had realised their stimulus programme had not been worth it, the investments they fear are wasteful, they have simply created more problems, and he pointed to the example of high-speed rail.

BBC: China to the UK's aid?

The shadow chancellor was forced to defend his performance in the Commons yesterday after many observers thought he was caught off guard.

BBC: Ed Balls explains hesitant Autumn Statement response

What he has never said, and what I attempted, I thought, to appropriately mock yesterday, was the idea that there are magic solutions, that you can put forward a proposal to cut the price at the pump in half on a piece of paper with a couple of magic beans.

WHITEHOUSE: Press Briefing

"When I heard that result yesterday I thought, right, I'll come out, " he said.

WSJ: No Trouble at London Marathon