We knew the war was built on lies - but to have increased petrol prices as well as terror will surely seal history's verdict

Sean Wilentz of Princeton, pronounces bluntly that George Bush the Younger is "the worst president in American history", and another, Tony Judt of New York University, calls the Iraq war "the worst foreign policy error in American history"

no good whatever has come out of this war, that no single good reason for it can any longer be adduced - and that "we" had never had any plan at all, not to say the faintest idea what "we" were doing.

Market turmoil as stocks plunge and oil soars

"It's ugly out there, very ugly," said Kurt Brunner, of the Swartmore Group in Philadelphia.