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What the Budget didn’t tell you
Cameron and Osborne will be happy with today’s performance, but some nasty surprises await in the next parliament. © PA/PA Wire/Press Association Images The promise of no gimmicks or give-aways in...
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After Piketty: where does the inequality debate go next?
Is Piketty right about the rate of return on capital? © Emmanuelle Marchadour Capital in the 21st Century, the zeitgeist book by Thomas Piketty, the winner of Prospect‘s 2015 World Thinkers poll, has...
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Ed Miliband hasn’t solved the productivity problem
Ed Miliband has historically been a little uneasy around business, but should he just be bolder? © Stefan Rousseau/PA Archive/Press Association Images In a well-flagged speech to UK business to mark...
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Greek debt crisis: what will happen next?
Alexis Tsipras is under increasing pressure. © Petros Giannakouris/AP/Press Association Images Greece’s decision not to pay the International Monetary Fund the €300m it owes the creditor today and to...
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Greek referendum: a “No” would bring new economic darkness
What would a post-EU Greece look like? © Jens Kalaene/DPA/Press Association Images Conspiracy theorists would have us believe that Syriza’s goal all along was to get to the point where the public would...
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Greek crisis: How Greece became Europe’s fault line
©Michael Debets/Pacific Press/ABACAPRESS.COM They may be enduring an economic hardship unknown in advanced economies in modern times and be limited to withdrawing €60 a day from their banks, but...
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Greek crisis: It is now Sunday or bust
Greek Finance Minister Euclid Tsakalotos will aim to present less confrontational proposals to the eurozone © Virginia Mayo/AP/Press Association Images The claims before the referendum that a win for...
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Greek crisis: by Saturday, we’ll know where Greece is going
A woman holds a bank queue paper to enter a branch for limited services in Athens. © AP Photo/Thanassis Stavrakis Yesterday, the Greek government wrote a formal request to the European Stability...
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Greek crisis: Syriza has finally blinked
A bank employee distributes tags with queue positions to pensioners as they wait outside the main gate of the national bank of Greece. © AP Photo/Emilio Morenatti Things are now picking up momentum in...
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Greek crisis: after the “a-Greek-ment”, Europe must rebuild trust
Greek Prime Minister Alexis Tsipras speaks with the media after a meeting of eurozone heads of state on Monday. © AP Photo/Geert Vanden Wijngaert “A-Greek-ment” was how European Council President...
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Greek crisis: Grexit is still a possibility
Greece’s Prime Minister Alexis Tsipras’s political future is still uncertain ©AP Photo/Petros Karadjias Last night, the Greek Parliament voted to approve a second emergency bill, paving the way for...
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Greek crisis: can the deal be banked?
Greece’s Prime Minister Alexis Tsipras appears to have salvaged his country’s financial future ©AP Photo/Petros Karadjias Read more: how Greece became Europe’s fault line by George Magnus The third...
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Black Monday: China isn’t the cause of this meltdown in markets
A Chinese stock investor reacts near a display for stock prices at a brokerage house in Qingdao in eastern China. © Chinatopix via AP China’s equity market fell by 8.5 per cent on Monday and around 6...
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Black Monday: are China’s troubles just beginning?
A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea. © AP Photo/Ahnn Young-joon In the end, last week’s “Black Monday” was...
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Refugee crisis: politics aside, Britain needs immigrants
Flowers and balloons doecrate a fence as a welcome sign at the temporary accommodation centre for refugees in Luechow, Germany. © Philipp Schulze/dpa On Wednesday this week, Jean-Claude Juncker, the...
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Should the Fed raise interest rates?
The Eccles Building in Washington DC which serves as the Federal Reserve System’s headquarters © Jbarta This week, the Federal Open Market Committee, the policy-making body of the US Federal Reserve...
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Syriza 2.0: Tsipras’s new challenge
Alexis Tsipras’s Syriza party has won a mandate to implement stringent spending cuts and tax hikes © Kostas Pikoulas/Pacific Press/ABACAPRESS.COM Alexis Tsipras has lead his Syriza party to a...
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Labour conference: Can John McDonnell win the country’s trust?
Shadow Chancellor John McDonnell during interviews on day two of the Labour Party annual conference at the Brighton Centre. © Gareth Fuller/PA Wire/Press Association Images As a politician, John...
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Conservative Party Conference: George Osborne has won the recovery argument
A butterfly flew in front of Chancellor George Osborne as he addressed the Conservative Party conference in Manchester ©Peter Byrne/PA Wire/Press Association Images In an unabashed pitch to “the...
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Are we flirting with another global recession?
International Monetary Fund chief Christine Lagarde spoke at the meeting of the world’s finance ministers ministers and central bankers in Lima last weekend © Rodrigo Abd/AP/Press Association Images...
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