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Theresa May must fight the hard Brexiters or Britain will be ruined | Will Hutton
The economic fallout from a violent rupture with the EU will have devastating consequences for the country and its people. Brexit is pure poison, polluting everything it touches. The fundamental questions the country should be addressing the crisis in productivity growth, the lack of affordable housing, the overwhelming strain on public services, our desperately weak […]
Trump’s Infrastructure Plan Dwarfed By Estimates Of Need
States welcome President-elect Donald Trump’s $1 trillion infrastructure plan. But their need is more than three times that. The Associated PressTexas transportation workers in July survey the damage from a bridge collapse in which a child died. President-elect Donald Trump has proposed fixing dilapidated infrastructure. By Elaine S. Povich If President-elect Donald Trump is successful […]
Brexit will blow 59bn hole in public finances, admits Hammond
Chancellor attempts to strike cautiously upbeat tone but OBR warns of extra borrowing over next five years. Philip Hammond conceded that Brexit will blow a 59bn black hole in the public finances over the next five years, as he outlined plans to boost investment in infrastructure and housing to equip the UK economy for life […]
The Guardian view on globalisation: its death is the making of it | Editorial
Editorial: We may be at a turning point in the nature of capitalism. That may not be such a bad thing. Ever since US presidential candidates railed against free trade, and anti-immigrant parties madesweeping gains in Europe, the question has been asked: are we witnessing the demiseof globalisation? A trend that has dominated economics and […]
Facebook announces new push against fake news after Obama comments
Mark Zuckerberg says site has been working on problem for a long time and penalizes misinformation on news feeds to reduce chances it will spread. Facebook CEO Mark Zuckerberg announced new steps to counter fake news on the platform on Saturday, marking a departure from his skepticism that online misinformation is, as Barack Obama said […]