By Jack Peat, Editor of The London Economic Boom and bust seems like a primitive economic state, but few would argue today that the harsh cyclical nature of the economy has seen its day. If anything, they've become more severe. Soviet economist Nikolai Kondratiev theorised in the early 20th century ...
By Valentina Magri Mamma mia, here we go again. But this time is different: neither Abba nor Mr Berlusconi are part of the story. Despite this fact, there is an eerie feeling over déjà vu in the air. Italy has dipped back into recession for the third time since 2008. The ...
By Elsa Buchanan After a decade of anti-Western discourses, the world’s emerging economies have finally launched a pair of financial institutions they hope will challenge their pet hates, the World Bank and International Monetary Fund (IMF). Built on shared complaints and challenges, the new ‘mini IMF and World Bank’ has ...
By Valentina Magri In the 1950s a group of post-World War II writers came together to establish a youth movement known as The Beat Generation. They rejected standards and materialism and appreciated style, innovation, drugs and Eastern religion. In today’s world, the beat generation has been replaced by The Beaten ...
By Pieter Cranenbroek – International Politics Blogger The European elections won’t be held for another two months but the four biggest political parties in Britain are already warming up to it. After Nick Clegg challenged Nigel Farage to an old-fashioned duel, Ed Miliband and David Cameron have been dragged into the ...
By Adam Walker, Economics Correspondent Since the global recession struck we have cut society into two vastly unequal groups as a means of pigeon holing blame. The one per cent - those with a total household income that exceeds £300,000 annually – have become targets in the financial downturn. The ...
By Joe Mellor, Deputy Editor As Viktor Yanukovych became the world’s most wanted man, the US declares Ukraine is “under new management.” But could this inflammatory language further damage relations with a wounded Russia? Ukraine's interim President Olexander Turchynov has warned of the dangers of separatism following the ousting of ...
By Pete Ramand and James Foley, authors of Yes: The Radical Case for Scottish Independence. Some call it the dismal science. But, of all the referendum’s controversies, economics arouses the nastiest emotions. The media, along with No campaign leaders, frame the problem of Scotland’s economic security around Alex Salmond’s personal credibility, ...
By Cagri Cobanoglu – the foreign news editor of Akşam – a national Turkish daily After more than a decade in power, the AK Party of Turkey is facing its biggest crisis yet. After a massive corruption scandal involving sons of three cabinet ministers broke out on 17 December, the ...