Spain is resisting US President Donald Trump’s demands to hike defence spending to five percent of national output, potentially threatening NATO unity at a crucial alliance summit this month.
Austerity
Simon Wren-Lewis: How the lessons from austerity have not been learned
The UK and the Eurozone are both vulnerable to the next recession, but both politicians and central bankers think each other should deal with it. Read here
Geopolitics
Turkish Minute: Erdoğan’s ‘threat’ against Israel sparks war of words
Recent remarks by Turkish President Recep Tayyip Erdoğan, who said Turkey might enter Israel as it had done in the past in Libya and Nagorno-Karabakh, have been interpreted by Israel as a threat of military action, igniting […]
Austerity
Simon Wren-Lewis: Decreasing the size of the state is very unpopular
Why? Why have we been told for decades that people are fed up with state intervention and state run companies? It is not only the bubble politicians live in. Wren-Lewis fails to mention the integral […]
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