However, the government is planning a package of further help to support bank lending in the battle against recession.

ECONOMIST: Britain's economy: Combating the recession | The

While the relief bill is obviously necessary, taxpayers should be rightfully disappointed that the package contains no provisions requiring stronger planning measures to protect against more powerful future storms.

FORBES: Rethinking Our Place In A Post-Hurricane Sandy World

Much of the focus for all global markets this week was news that Cyprus was planning to levy a tax on bank deposits as part of a bailout package from eurozone officials.

FORBES: FOCUS: Gold Retains Safety Bid Despite Strong Dollar Amid Cyprus Uncertainty; Trust Issues Cited