Economy

11 things you need to know about George Osborne’s Brexit warning

‘You can’t have your cake and eat it,’ the U.K. chancellor warns the Leave camp.. LONDON — David Cameron’s battle to keep Britain in the European Union rests on convincing voters that the risks to the economy from leaving far outweigh any… Source: 11 things you need to know about George Osborne’s Brexit warning – POLITICO Read More »

Why populist uprisings could end a half-century of greater economic ties

The world economy is nearing what international policymakers fear could be a dangerous turning point… Source: Why populist uprisings could end a half-century of greater economic ties – The Washington Post Read More »

Britain ‘killed’ in trade talks if it left EU, says French minister

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Major powers such as China would have little interest in negotiating with the UK outside the EU, claims Emmanuel Macron.. Britain would be “completely killed” in global trade negotiations if it voted to leave the EU because it would be reduced to the status of Jersey and… Source: Britain ‘killed’ in trade talks if it left EU, says French minister | Politics | The Guardian Read More »

IMF countries vow to boost slowing world growth

Key countries in the International Monetary Fund (IMF) pledge to pursue “growth-friendly” policies to kickstart the slowing world economy.. The IMF’s steering committee, made up of 25 of the world’s largest economies, said the global outlook was fraught because of weak trade and a series of risks… Source: IMF countries vow to boost slowing world growth – BBC News Read More »

Neoliberalism – the ideology at the root of all our problems

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Financial meltdown, environmental disaster and even the rise of Donald Trump – neoliberalism has played its part in them… George Monbiot The Guardian Why has the left failed to come up with an alternative? Imagine if the people of the Soviet Union had never heard of… The ideology that dominates our lives has, for most of us, no… Neoliberalism – the ideology… Read More »

In Brexit Debate, English Fishermen Eye Waters Free of E.U.

BRIXHAM, England — Mike Walker, a retired fisherman here, sums up what many in this southern English port town think of the European Union. Britain’s membership in the 28-nation union has encouraged France, Spain, the Netherlands and “the rest of them lot” to “come rape our waters,” Mr. Walker… Source: In Brexit Debate, English Fishermen Eye Waters Free of E.U. – The New York Times Read More »

Europe’s last coal mines struggle for lifelines

Producers in the Czech Republic, Poland and Romania try to stay afloat as losses mount.. Some of Europe’s last remaining coal producers, in the Czech Republic, Romania and Poland, are grasping for government support to keep from going under and taking thousands of jobs with them… Source: Europe’s last coal mines struggle for lifelines – POLITICO Read More »

The United States of Insolvency

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James Grant offers view on how we got here—and what we can do about it… Source: The United States of Insolvency | TIME Read More »

How did it go wrong for Dilma Rousseff?

It was only a year and a half ago that 54.5 million Brazilians went to the polls to re-elect Dilma Rousseff in one of the world’s largest democratic elections. She defeated a centre-right coalition of parties by a narrow margin and earned a mandate to carry on the legacy of the centre-left Workers’ Party, which has been ruling Brazil since… Source: How did it go wrong for Dilma Rousseff? – BBC News Read More »

CIA behind Panama Papers leaks, says ‘most significant financial whistleblower of all time’

Financial whistleblower Bradley Birkenfeld, who helped expose American tax evaders hiding assets in Swiss banks, has little doubt the Panama leaks scandal was crafted and orchestrated by the CIA… Source: CIA behind Panama Papers leaks, says ‘most significant financial whistleblower of all time’ — RT News Read More »

If Britain votes to leave the E.U., Germany could be one of the biggest losers

Officials fear an “out” vote could splinter the bloc, an institution central to modern German identity… Source: If Britain votes to leave the E.U., Germany could be one of the biggest losers – The Washington Post Read More »

Why the Panama Papers might not lead to a tax crackdown

Massive leak has sparked a global uproar and calls for action, but concrete measures will be tricky. Much ado about Panama? Maybe not. This month’s release of “the Panama Papers” — more than 11 million files on the alleged offshore tax arrangements of politicians, corporate chieftains and… Source: Why the Panama Papers might not lead to a tax crackdown – POLITICO Read More »

If Britain leaves EU, Germany could be one of the biggest losers

BERLIN – The Germans are not known for emoting, and the country’s famously flinty finance minister, Wolfgang Schäuble, is no exception… Source: If Britain leaves EU, Germany could be one of the biggest losers – Houston Chronicle Read More »

Brexit makes for EU banking shake-up

If the U.K. opts for the Brexit in June, the European banking system will feel the impact first.. The banking industry is set for big changes if Britons vote to quit the European Union in June… Source: Brexit makes for EU banking shake-up Read More »

The Panama Papers told us what we already knew. How we respond will be the story

There’s nothing more demoralising than understanding the world is rigged against you but you can do nothing about it. But can recent leaks spark a revolt? It’s one of the more famous experiments in modern psychology. In the late 1960s and early 1970s, Martin Seligman set about electrocuting dogs… Source: The Panama Papers told us what we already knew. How we respond will be the story | Jeff Sparrow | Opinion | The Guardian Read More »

Brexit and the Balance of Power

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Faced with a rising China, a declining but risk-inclined Russia, and the prospect of prolonged turmoil in the Middle East, close transatlantic cooperation will be crucial to maintaining a liberal international order over the long term. By weakening both Europe and Britain, the UK’s withdrawal from the EU would threaten such an order… Source: Brexit and the Balance of Power by Joseph S. Nye – Project Syndicate Read More »