The press's judgment is that last year's debt-ceiling fight was politically bad for both sides.

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All eyes now turn to the full ECB statement and press conference from Draghi, specifically looking for hints that the ECB is preparing to buy more government debt.

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Mr Thaksin's promise of early debt repayment co-incided with press reports that the government is poised to raise its forecast for economic growth this year.

BBC: Bangkok

As Fannie and Freddie were taking on billions in subprime debt, Barney Frank continued to assure us that that there was no financial crisis and press for more affordable lending.

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