LIKE medieval King Canute’s unsuccessful attempt to command the incoming tide to stop, central banks’ attempts to push back against swelling interest rate cut bets seem forlorn. But like the ...

Cnut the Great, also known as Canute or Knut Sveinsson (Old Norse: Knútr inn ríki; died 12 November 1035) was a Viking king of England, Denmark and Norway. His successes as a statesman ...

After the tide kept coming up and dampened his shoes despite the command, Canute stepped back and declared, “Let all men know how empty and worthless is the power of kings, for there is none ...