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Happy Meals, not Happy Wages
David Cameron has told company bosses that firms should give their staff a pay rise. Certainly a raise in wages would be long overdue. The small average wage increase...
U.K. Labour Party’s Banking Reforms Fall Short
Given the scandals, bonus increases and plummeting lending to small and medium-sized British businesses, reform of the banking system is likely to be a hot topic in the run-up...
Tax Evasion Exposes a Broken System
There has been an international outcry over the leaked HSBC files, which provide evidence that the bank’s Swiss arm helped wealthy clients put millions of dollars’ worth of assets...
What are China’s Motives for Reaching Out to Afghanistan?
Whether you fear or welcome a challenge to the world’s existing power structure, the main focus of attention is on when China will begin to translate its increasing influence...
Greece’s Debt Crisis Highlights the Difficulties of Eurozone Governance
The emphatic rejection of disastrous austerity policies by the newly elected Greek government has caused consternation in Eurozone capitals. Germany has been particularly strong in dismissing Greek pleas for...
Norway says ‘Keep Calm and Oil On’
Norway’s petroleum sector is its most important industry. The petroleum sector accounts for 21.5% of its GDP, and almost half (48.9%) of total exports. In 2013 Norway was ranked...
Lloyds Bank Complicates Investing for Its Investors
If you need a reminder of how complex investing in the stock market can be, look no further than the row currently raging between Lloyds Bank and up to...
A Quick Fix for Greece’s Debt Could Spread to Others
Tired of dealing with the consequences of austerity, Greece appears run by a party inspired by the politics of Homer. Not the Greek Homer, mind you, I refer to...
Russia’s Economic Woes Run Deep
Angela Merkel and Francois Hollande’s push for peace in Moscow has helped fuel optimism about the prospects for Russia’s spluttering economy. On the morning of the meeting, the rouble...
Will the OMT Program Turn the Eurozone into a ‘Transfer Union’?
The European Central Bank (ECB) symbolises the strange mix of politics and technocracy that marks EU governance. The bank was pushed to centre stage by the Eurozone debt crisis...