Just because we are encouraged to avert our gaze from the dependency of the media on advertising does not mean that interference by advertisers will cease. The relationship was poisoning the integrity of our media and journalists long before the Oborne revelations and it will continue doing so long after – or until we come up with a completely different model of media funding.
Germany holds the key to where Europe goes next. A fragile deal may have been reached on Ukraine, but there’s still no deal with Greece. In both cases, there’s much more than meets the eye.
Our government is not asking our partners for a way out of repaying our debts. We are asking for a few months of financial stability that will allow us to embark upon the task of reforms that the broad Greek population can own and support, so we can bring back growth and end our inability to pay our dues.
Princes of the Yen offers a disturbing new look at Japan’s post-war economy and the key factors that shaped it. It gives special emphasis to the 1980s and 1990s when Japan’s economy experienced vast swings in activity. According to the author, the most recent upheaval in the Japanese economy is the result of the policies of a central bank less concerned with stimulating the economy than with its own turf battles and its ideological agenda to change Japan’s economic structure.
Public banks in North Dakota, Germany and Switzerland have been shown to outperform their private counterparts. Under the TPP and TTIP, however, publicly-owned banks on both sides of the oceans might wind up getting sued for unfair competition because they have advantages not available to private banks.
Argentina won another victory in its ongoing “vulture funds” battle Friday when a British judge supported the unblocking of the country’s debt repayment, weakening the position of the vultures who have been desperate to collect from the Argentine state.
The CICM British Credit Awards, where tables cost from £3,000 to £4,000, are meant to celebrate the work of bailiffs, credit agencies and debt-collectors.
However, the black-tie event was interrupted by angry activists who blocked the doors, threw paint-bombs at tuxedo-wearing partygoers, and waved placards that read ‘social housing not social cleansing’.
We hope that the calls and solidarity actions will grow even more on Greek and international level and we encourage you to do your best in turning the conflict over Greece in a change for all Europe and beyond.
In essence, they want the Bank of Canada to provide interest-free loans to the federal, provincial, and municipal governments, as provided for in the Bank of Canada Act.
if the new Greek government is able to stand its ground and to prevent the continuation of the horrific looting of the Greek people, assassination of its leading members is not unlikely.
There is no guarantee that Greece will be as successful with a return to the drachma, but there are reasons for optimism. First and foremost, the country now has both a primary budget surplus and a trade surplus. The primary budget refers to the national budget without counting interest payments. Greece is running a primary budget surplus of more than 3 percent of GDP (the equivalent of $500 billion a year in U.S. GDP). This means that if it didn’t have to pay interest on its debt, it would not need to borrow to make ends meet.
“As a fan of the BBC, I must say I was appalled by the depths of inaccuracy in the reporting underpinning this interview (not to mention the presenter’s considerable rudeness). Still, and despite the cold wind on that balcony, it was fun!”
