Radical left making gains in Italy too
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Further gains were made by Italy’s radical left locally in town hall elections on Monday as people vented their anger at technocrat premier Mario Monti’s austerity policies. The right wing party of former Prime Minister Silvio Berlusconi...
The Closer
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ROUND-UPBank stocks led the S&P 500, which ended mostly flat, up 0.04 per cent to 1,369.58. The Dow Jones Industrial Average closed down 0.23 per cent at 13,008.53 (Reuters)....
My 1981….
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17 years later the socialists are back in power. François Hollande was elected president of France on Sunday evening. He is the second socialist, after François Mitterrand, to assume the highest function of the state. Mr. Hollande defeated Mr. Sar...
Le fond du problème européen
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Angela Merkel traite les problèmes quand ils se posent, c’est-à-dire quand les marchés les posent et que les agences de notation en ont pris acte. Comme les marchés réagissent en fonction de la soutenabilité des finances publiques, elle c...
Nabucco in Limbo – “Götterdämmerung“ on the Horizon
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The European Nabucco pipeline project was first discussed in 2002 as a means of bringing the energy riches from the Caspian Sea Basin region and possibly the Middle East to the heart of Europe via a new southern corridor (via Turkey) that would bypas...
Cullen Roche in the FT
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Previously we covered the belated entrance of Modern Monetary Theory into mainstream discussion after a long Washington Post article.Cullen Roche of Pragmatic Capitalism, formerly...
Switzerland: An Initiative to Establish Basic Income for All
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An initiative to establish a new federal law that would give a basic monthly income to all citizens, regardless of employment status was formally introduced in Switzerland in April. Stanislas Jourdan looks into the details of the initiative.
Hollande and Europe are turning the tide. Where will it leave Cameron? | Polly Toynbee
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Social democrats like François Hollande are challenging austerity. But in Britain the Tories are only listening to themselvesThe Queen's speech marks David Cameron's run at a much-needed relaunch, but his dull array of bills is likely to have the li...
Katonomics 16: Crocodiles and alligators
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Have you ever wondered what, if anything, is the difference between economics and business studies? If so, read on. In the latest instalment of this lovely series on economics for IP enthusiasts, the ever-invaluable Doctor Nicola Sea...
What Is the Limiting Factor? Herman Daly on uneconomic growth
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“The elite-owned media, the corporate-funded think tanks, the kept economists of high academia, and the World Bank — not to mention Gold Sacks and Wall Street — all sing hymns to growth in perfect unison, and bamboozle average citizens.” (Sou...
EDL attack socialists: we must defend ourselves
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EDL thugs beat up pensioner On 28 April, English Defence League thugs attacked a socialist stall in Lewisham, south east London. The EDL gang smashed up the Socialist Workers Party stall, and assaulted the SWP comrades around it, headbutting 69 year...
EDL attack socialists: we must defend ourselves
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EDL thugs beat up pensioner On 28 April, English Defence League thugs attacked a socialist stall in Lewisham, south east London. The EDL gang smashed up the Socialist Workers Party stall, and assaulted the SWP comrades around it, headbutting 69 year...
One giant leap for America’s credit cards
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Quite a blow-out in March’s US consumer credit numbers — most noteworthy was the 7.8 per cent rise in revolving credit.Highlighted in the chart below…The...
European Commission Projects - An Opportunity to Do Business
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The European Commission information day focuses on new innovative projects that company can undertake. It deals with the issues the world is facing such as energy and environment. The European Commission supports the so called PPP, Public Private Par...
Italy's political outsiders have their day in the absence of Berlusconi | Tobias Jones
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The success of comedian-turned-activist Beppe Grillo in Italy's local elections show a craving for political transparencyAlthough overshadowed by elections in Greece and France, Italy's local election results, announced late on Monday evening, are no...
Spain: Barcelona Sieged During European Central Bank Meeting
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On May 2, 3, and 4 the European Central Bank meeting took place in Barcelona, Spain, a city that became sieged by the police. For this meeting, Spain temporarily suspended the Treaty of Schengen on the border with France.
We pause for some big-picture good news
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This chart from Credit Suisse is included in a note about the graying of America and the developed world’s demographic problems and future runaway deficits and frightening...
Europe’s Elections and the Politics of Austerity
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Francois Hollande’s victory over Nicolas Sarkozy and the losses by Greece’s main political parties are latest examples of growing anti-austerity backlash in Europe, which is as much political as it is economic.
What’s a Spring without Women?
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As the Arab world is making a shift and Mediterranean cosmos is in full swing, women of the neighborhood will have a one day get together in Brussels, to discuss various topics. The meeting is organised by Mediter Network, at 8 th of May in Brusse...
Russia: Violence Plunges Opposition into Debate About Tactics
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Yesterday, the Russian opposition's mass protests against Vladimir Putin for the first time produced mass violence. Dozens of protesters and police officers alike reported injuries, with several on each side requiring hospitalization. Why did yesterd...
The nerve of European democracy
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The French voters are probably the political avant-garde of Europe, through thick and thin. They were in the lead on the occasion of the 2005 European Constitution referendum. This time they put François Hollande in charge of leading France – and...
The nerve of European democracy
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The French voters are probably the political avant-garde of Europe, through thick and thin. They were in the lead on the occasion of the 2005 European Constitution referendum. This time they put François Hollande in charge of leading France – and...
Sargsyan sees
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YESTERDAY'S parliamentary election in Armenia yielded few surprises. President Serzh Sargsyan’s Republican Party won, with 44% of the vote, amid charges of fraud and vote-rigging that will be familiar to Armenia-watchers.Yet, unlike the presidentia...
