Tag Archives: Business and Economy

Cutting, taxing, spending….

By Thomas L Friedman There is only one thing worse than Republicans and Democrats failing to agree to lift the debt ceiling, and that is lifting the debt ceiling without a well-thought-out plan and with hasty cuts totaling trillions of … Continue reading

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Money, Sex and Power

Dominique Strauss-Kahn, the once popular chief of the International Monetary Fund (IMF), was taken off a plane  and arrested for the attack and attempted rape of a chambermaid in a hotel in New York. This incidence left the political and … Continue reading

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More of the same

by Paul Krugman  The past three years have been a disaster for most Western economies. The United States has mass long-term unemployment for the first time since the 1930s. Meanwhile, Europe’s single currency is coming apart at the seams. How … Continue reading

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Finally – a change of thinking

The International Monetary Fund has realised that a nation’s economic well-being depends on social equality and justice. By Joseph E Stiglitz The annual spring meeting of the International Monetary Fund was notable in marking the Fund’s effort to distance itself … Continue reading

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Corporate Corruption

This is an article about the alarming incidence of business corruption at the highest levels. And we are not talking about poor third world countries – this is about advanced economies with “good governance”. But it is all in the open, … Continue reading

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The 2011 Oil Shock

THE price of oil has had an unnerving ability to blow up the world economy, and the Middle East has often provided the spark. The Arab oil embargo of 1973, the Iranian revolution in 1978-79 and Saddam Hussein’s invasion of … Continue reading

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