Tag: Economics
How about a little accountability for economists when they mess up? | Dean Baker
Dean Baker is co-director of the Centre for Economic and Policy Research. Suppose our fire department was staffed with out-of-shape incompetents who didnt know how to handle a firehose. That would be really bad news, but it wouldnt be obvious most of the time because we dont often see major fires. The fire departments inadequacy […]
Japan and EU expected to sign trade deal on Thursday
Shinzo Abe to meet Donald Tusk and Jean-Claude Juncker in Brussels but UK exporters likely to see no gain due to Brexit. The European Union and Japan are on course to sign a trade deal on Thursday, after talks gained impetus in the wake of Donald Trump’s threat to put up barriers to international commerce. […]
Creditors agree terms to disburse Greece’s 8.5bn bailout funds
EU and IMF thrash out deal following months of disagreements, with funds to be released in July once European parliaments ratify the deal. For the best part of a decade, Greece has wanted to become a normal country, and late on Thursday it appeared to begin that process, after creditors agreed to disburse 8.5bn (7.4bn) […]
No bailout funds for Greece as eurozone finance chiefs fail to agree deal
IMF and eurozone states fail to bridge divide over Greek debt relief raising prospect of a summer crisis for the single currency if Athens misses repayment. Eurozone finance ministers have failed to agree a debt relief plan for Greece, raising the prospect of a summer crisis for the single currency bloc if Athens misses a […]
Euro will fail in 10 years without reform Emmanuel Macron
French presidential candidate says currency amounts to a weak Deutsche Mark that has failed to unify EU states and stand up to the US dollar. The euro may not exist in 10 years time if Paris and Berlin fail to bolster the single currency union, French presidential candidate Emmanuel Macron has said, adding that the […]