A ‘benign’ Brexit forecast from the IMF?
Given the grim protestations of the IMF prior to Brexit some might be surprised to see the forecaster’s view on the UK economy post the referendum.
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Given the grim protestations of the IMF prior to Brexit some might be surprised to see the forecaster’s view on the UK economy post the referendum.
The Treasury have published another doomy report on the economic effects of Brexit. A sobering read, or a dose of propaganda?
It is every bit as much about trust as about economics now. Of course, this being Brussels and this being the EU, nobody would ever use a word as straightforward as “trust”.
Why did Varoufakis go? The official reason, on his blog, was pressure from creditors. But there are a whole host of other reasons that made it easier for him to decide to yield to it.
Politicians with Greece’s ruling Syriza party, including Prime Minister Tsipras, say the country should vote no in Sunday’s referendum, as the Bank of England warns of a “very dangerous” situation.
The country will divide: right versus left – as it has been divided since British tanks rolled into Syntagma Square in 1944 to install former Nazi collaborators into office.
It is crunch time for Greece. If it fails to pay its debts it could be forced to leave the euro and the EU, and plunge into the unknown. These are the key dates as we approach possible Grexit.
Why did Greece collapse and Ireland survive? First, because the Irish crisis was a banking crisis. And in Greece you can’t impose austerity and hope modernise at the same time.
Many thousands of Saudi men are in the field with Isis. But the Saudi royal family is so dominant that it is unclear who is linked to what when it comes to the export of extremism.
Saudi Arabia’s new monarch, 79-year-old King Salman, takes over after the death of his half-brother King Abdullah – but is his future heir the only likely break from a controversial family rule?
Shock statistics suggest the gap between rich and poor is becoming ever more extreme. But what does the evidence really show?
The world’s richest 1 per cent will own more than the other 99 per cent by next year, a charity warns.
The UK election debate on the economy is being fought out in Washington today with both Tories and Labour seeking US backing for their rival political ambitions.
In the UK for a three-day visit, Premier Li failed to kill off his ambassador’s insult suggesting Britain was behind Germany and France in Beijing’s estimation.
Cyprus secures a last-minute, 10bn euro bailout in a deal which will see its second largest bank closed and those with the largest deposits facing a levy to raise funds.