Monday, Feb 6th 2012
Bob Dylan could have been writing about these times when he composed the lyrics ‘the times they are a changing’. This was never so apparent than on a recent trip to the US to meet with social and economic justice organisations.
Most striking was the shift in the parameters of the public debate about wealth, income [...]
UK-US ’special relationship’ is alive and well - it runs from City of London to Wall St. | Nick Shaxson
Wisdom abounds that one of the many outcomes of Cameron’s Veto over the EU Summit Treaty was that not only did it isolate the UK in Europe, but it also occurred without the safety net [...]
The full scale of the difference in economic performance of China compared to the US, Europe and Japan during the international financial crisis is shown in Figure 1. It is summarised in the following figures:
In the four years to the latest available data, for the 3rd quarter of 2011, China’s [...]
As G20 leaders met in Cannes, they faced an economic situation in the developed economies best summed up by Goldman Sachs, the company which invented the term ‘BRIC’, as the ‘Great Stagnation’. Until recently developments following the financial crash of 2008 had been accurately termed the ‘Great Recession’ - describing the greatest economic downturn since [...]
Book Review: The Ask, Sam Lipsyte (2010)
Milo Burke is a man in distress. He’s a man who was whelped in a liberal college that let him believe he was the future of visual art, but now he’s stuck raising the money for another such institution to prop upsimilar self-delusions. But he’s not very good at [...]
Attempts to assess current prospects for the world economy have primarily focused on deceleration in US and European GDP growth. But world trade is clearly also indicating negative trends.
Trade is a particularly sensitive indicator as its fluctuations have had a greater magnitude than those for GDP but have moved in the same direction. Trade data is [...]
Given the onset of a renewed round of the international financial crisis it is useful to draw together its various elements in an analysis of its overall determinants, its course, and the policies necessary to deal with it. This is the aim of this article.
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For the second time in three years almost all [...]
How to judge the nth European agreement ”to save Greece” stipulated on Thursday 21st July? The financial markets have already provided their verdict: on Friday 22 the spread between the Italian ten-years Treasury Bonds and the German Bunds was still 258 basic points (2,58%), a level unsustainable for the Italian public finances. The next week begun [...]
The Greek debt crisis is both a significant economic event and a foreign policy success for Germany. It has, for the present, shifted the economic balance of power in Europe, and to some extent more widely, in Germany’s favour and against those in the US and Britain who do not favour the Euro and prefer a [...]
Grupo Raices and Justice for Colombia will be hosting a film screening on Thursday July 28th in Liberty Hall at 6pm.
We will be showing the documentary “El Baile Rojo” (The Red Dance). The film is about the experience of the Patriotic Union, a left-wing political party which tried to challenge the dominant oligarchy in Colombia [...]
