(18-Jun-2010)
France and Spain’s announcements of austerity plans reported on Wednesday include raising retirement ages, increasing taxes on the most wealthy, and easing restrictions on the labour market – to rely on structural adjustments more than spending cuts to curb deficits.
read full article
(11-Jun-2010)
Last week's interception of six ships in the "Gaza flotilla" by Israeli security forces led to a pitched battle and the deaths of nine people. One disturbing aspect of this event is the blurring of distinctions
read full article
(28-May-2010)
Yesterday the Spanish parliament voted in favour of €15 billion of austerity measures – but by just one vote. European finance ministers last week agreed that tougher sanctions were needed for member states who are slow to bring government deficits back under control
read full article
(07-May-2010)
Since April 22nd up to 5,000 barrels (795,000 litres) of crude oil a day has been pouring into the Gulf of Mexico from the stricken borehole a mile beneath the surface.
read full article
(30-Apr-2010)
As the government debt crisis mounts in southern Europe, Britain’s government spending overshot by £163 billion last year – 11.6% of national income. To avoid a crisis of Greek proportions, Britain has to cut this deficit dramatically over the next few years
read full article