austerity

Austerity Nation: Britain Strikes as Government Extends Spending Cuts

In a nation where the weather changes by the hour, it’s useful to consult the morning forecast. For the two million public sector workers who walked out of their jobs across the U.K. this morning, today’s outlook likely seemed heavy with symbolism. Blustery winds across the northwest matched the chill of newly announced austerity …

Channelling Buffet, French Rich Demand Higher Taxes

It’s a small, real-time world, and it’s now evident no niche is too elite or removed from it to withstand a fad that has gone viral. Take France’s rich folk, who have turned billionaire businessman Warren Buffet into the hottest trend-setter among the globe’s super-wealthy by echoing his attention-grabbing New York Times

French Austerity Measures Also Cut Touted Sarkozy Reforms

As polls have persistently shown both leading candidates in France’s Socialist Party presidential primary beating conservative incumbent Nicolas Sarkozy in mock elections over the months, Elysée advisers have confidently predicted voters will again swing behind their champion en masse once he starts campaigning on his bilan—or, …

London Riots: A Blast From The Past Or A Glimpse Of The Future?

At first glance there’s little to separate the riots that swept through Tottenham overnight and the street battles in the same part of North London a quarter of a century ago that reached a peak of violence with the murder of a policeman called Keith Blakelock. Both riots were sparked by fury at police after the deaths of black …

In Greece’s Austerity Intifada, a Challenge to Western Economic Orthodoxy

Tens of thousands of young people — and many older ones, too — gather in the main square of the capital, driven to protest by the despair of unemployment and a social system that cannot meet their aspirations for a decent life. And also by their realization that those in power serve outside agendas that have nothing to offer their own …

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5