Paul Mason
Mark Carney’s last chance saloon warning on the global economy
Last night Mark Carney, governor of the Bank of England, issued a stark warning about the future of capitalism.
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Paul Mason
Kellingley: mourn the loss of a way of life, not deep coal mining
Were my father and grandfather alive, while regretting the way it’s been done, both of them would have raised a glass to the end of deep coal mining.
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Paul Mason
Redcar: not the only canary in the coal mine
Redcar could be – yet again – the canary in the coalmine for a global problem. For what 2008-9 told us is: every time there’s a major credit event, the steelworks on Teesside shuts.
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FactCheck: has the RBS sell-off lost the government £1bn overnight?
The government has sold a 5.2 per cent stake in RBS for 330p a share – £2.1bn. But was it a billion pound loss or an astute financial decision in an uncertain market?
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Alex Thomson
Greece crisis: eurozone demands action, not words
“The most important currency has been lost,” remarked a rueful Angela Merkel on her way into the Eurozone talks today, “and that is trust.”
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Alex Thomson
Greek crisis: an issue of “conditionality” (trust)
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”.
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Paul Mason
Greece crisis: Europe turns the screw
The Greeks arrived with a set of proposals widely scorned as “more austere than the ones they rejected”. The internet burst forth with catcalls – “they’ve caved in”.
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Paul Mason
Greece crisis: a failure of economics in the face of politics
The IMF’s report yesterday got swamped amid the gloom, despondency and fractiousness of the Greek crisis. It said, in short, Greece’s debt has become unsustainable.
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Siobhan Kennedy
GDP slowdown – so are economists right to be optimistic?
A week before the general election and in the week when the Tories are stressing that the economy is safe in their hands, today’s figures point to a marked slowdown.
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Alex Thomson
What happened when we tracked down ex-HSBC boss Lord Green
He’s ordained, he’s a former HSBC boss, and he’s the man public accounts chairman Margaret Hodge wants to question over those Swiss accounts. I caught up with him yesterday – where else? – in a church.
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Paul Mason
Greece: a debt colony with a bit of ‘home rule’
There is a sea change going on within Syriza. I’ve heard people who were staunch believers in a euro that can accommodate by negotiation a radical left government say, effectively, they were wrong.
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Paul Mason
Greece gets its deal.. But if the detail’s wrong ‘we’re finished’
The eurozone and IMF have done a deal with Greece, extending its bailout for four months in return for a commitment to run all policy measures with significant economic impact past the lenders.
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Paul Mason
Leak and counter-leak: how not to achieve a Greek deal
Documents leaked to me last night shed new light, but not total clarity, on the dramatic breakdown of talks in Brussels over a new Greek bailout deal.
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Matt Frei
Russia: a belligerent bear with its claws in Ukraine?
Vladimir Putin is still riding high in the polls as the president who has defied the interfering west and resurrected Russia’s glory. But for how much longer?
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Matt Frei
Will Brazil descend into a kind of catatonic, post-traumatic stress?
Defeat by Germany in the World Cup semi-finals may trigger unintended but widely feared consequences in Brazil.