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Global economy

​EU ‘mother-sucker’: Nanny state decrees dirty homes?
A vacuum cleaner ban lays bare the vacuum of power at the heart of the EU.

02.09.2014 08:59

#FightFor15: Fast food workers to strike for higher wages across US
Hundreds of US fast food workers from MacDonald’s, Burger King, Wendy’s and KFC are planning a big protest on Thursday in an effort to boost the minimum wage to $15 per hour. The rally will include acts of civil disobedience.

02.09.2014 05:02

​Monsanto in Ukraine: IMF loan for Ukraine may give GMO giant a backdoor into EU
Ukraine’s bid for closer ties with the west could come at a cost. With the IMF set to loan the country $17 billion, the deal could also see GMO crops grown in some of the most fertile lands on the continent, warns Frederic Mousseau.

30.08.2014 14:43

​Black arts of banking: The higher rate dilemma
Transatlantic central bankers in the UK and US are arguing about higher interest rates.

28.08.2014 13:43

Cameron in plea to Scottish voters ahead of independence referendum
David Cameron will enter the fray in the Scottish independence campaign, vouching for the Union as “an economy of opportunity” as business leaders publicly take sides three weeks ahead of the 18th September in-or-out referendum.

28.08.2014 13:18

UK would be the poorest state if joined the US - report
If Britain were to leave the European Union and join the United States, it would be the poorest of all US states based on GDP per capita, figures uncovered by The Spectator show.

26.08.2014 12:17

Opponents of Scottish independence ‘bluffing’ on currency scare, says economist Stiglitz
Nobel laureate Joseph Stiglitz said the anti-Scottish independence campaign is “bluffing” in its scaremongering over the nation’s currency. His comments underscore a resounding pre-referendum debate victory for Scotland's pro-independence leader.

26.08.2014 08:31

French goverment resigns amid rancor over German austerity pressure
The French government has resigned despite being formed just 4 months ago. They quit after ministers slammed President Francois Hollande's plans for taxation and cuts, while also being critical of Germany’s austerity program.

25.08.2014 08:22

Argentina accuses US judge of being ‘imperialist’ after debt plan ruling
The Argentine cabinet chief, Jorge Capitanich, accused a US judge who ruled that Buenos Aires’s debt restructuring plan is illegal of having an ‘imperialist’ attitude after he backed hedge funds that refuse to take reduced returns on Argentinian bonds.

22.08.2014 18:58

Banksters win again: BoA settlement with US govt allows Wall St fraudsters to 'act with impunity,' critics say
While the US government touted its “record” settlement reached this week with Bank of America for mortgage fraud that helped fuel the 2008 recession, the details of the agreement indicate yet another slap on the wrist for an offending Wall Street titan.

22.08.2014 15:37

Nobel prize winners: Eurozone recovery is 'dismal failure'
“Stunningly destructive” and “dismal failure” is how Nobel laureates describe growth in the European Union after destructive austerity policies and the euro crisis.

22.08.2014 10:29

Wall Street banks ‘may desert UK for Ireland’ if Britain leaves EU
Wall Street banks could abandon Britain for the Republic of Ireland if the UK decides to leave the EU, senior figures in the industry have reportedly said. This is despite a Forbes report that names London the world’s ‘most influential city’.

19.08.2014 11:56

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