Portugal's Communist party has struck a historic deal with the country's Socialists and radical Left in a bid to assume power and overthrow the incumbent centre-right after just 11 days. After weeks o

Last week, I re-read an article from May 1, 2012 by Abraham Newman – Austerity and the End of the European Model – that was published in Foreign Affairs. The article carried the sub-title “How Neoliberals Captured the Continent”. The author is a US political scientist and observed that given the…

With the presidential campaign season in full swing, a number of hopefuls have made a point of specifying the monetary cost of various government programs. Some have done so in the context of how they will finance their own ideas while others have used the opportunity to argue that we can’t afford…

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News This page collects all aalto.fi news. Please find highlighted news and events together with other interesting current contents on the News and events webpage Please find news and information for students in Student guide Events at Aalto University See all events 16.7. 28.8. 16.7.–28.8. Staff…

Luetuimmat 1 Trumpin entinen YK-lähettiläs sohaisi mehiläis­pesään arvostellessaan Suomen terveyden­huoltoa: ”Tiedätkö edes missä Suomi on?” 22.3.2019 2 Keskellä suomalaista metsää on pieni mökki, josta aukeaa näkymä ihmis­kunnan kohtaloon – Tässä on hiili­nielu, mutta onko siitä planeetan…

Suomalaiset tarvitsivat sote-sovun | « Nyt oli tehtävä.. Lapsilisien leik.. » Perjantai 28.3.2014 klo 12:00 Viime vuosina tässä maassa päätösten tekeminen on ollut hankalaa. Olen ollut siihen erittäin tuskastunut ja tiedän, että moni muu suomalainen ajattelee samoin. Tulin politiikkaan tehdäkseni…

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Perhaps it was the public shaming of Iceland's diametrically opposite approach to 'dealing' with its bankers , or perhaps Janet Yellen needs a distraction from her own 'Fed Leak' problems, or finally perhaps Carmen Segarra's 2013 whistleblowing over the cozy relationship between Goldman and The New…

Content Feed OPINIONOPINION, The superhero film genre is on a decline, and so is American empire The patriotic, liberal values that superhero movies embody no longer seem to resonate with a divided American public. Opinion by Keith A SpencerKeith A Spencer Published On 14 Jul 202514 Jul 2025 Trump…

Posted by ⋅ July 17, 2015 Written by Cemal Karakas © iQoncept / Fotolia The European Central Bank’s (ECB) main objective is stable inflation in the Economic and Monetary Union (EMU). During the financial crisis, the ECB decided to face the economic slump by, amongst other actions, increasing and…

Yanis Varoufakis , 54, was finance minister for Greece’s Syriza party from January to July 2015. He has been professor of economics at the universities of East Anglia, Cambridge, Sydney, Glasgow, Athens and Texas, and has written several books including The Global Minotaur: America, Europe and the…

BERKELEY – It is difficult to read former US Federal Reserve Chair Ben Bernanke’s new memoir, The Courage to Act , as anything other than a tragedy. It is the story of a man who may have been the best-prepared person in the world for the job he was given, but who soon found himself outmatched by its…

by Tue, 10/27/2015 - 17:15 0 SHARES Submitted by Saxobank's Dembik Christopher via TradingFloor.com, Shortening economic cycle means more frequent crises 'Great Divergence' model saw China assuming the US' leadership role We have likely reached the limits of adjusting monetary policy States have…

Former Greek Minister of Finance, Yanis Varoufakis. Demotix/Heather Blockey. All rights reserved. Alex Sakalis: I’m very interested in this transnational, pan-European movement you are preparing to launch, the details of which you’ve been teasing us with... Yanis Varoufakis: I’m not teasing you.…

Portugal has entered dangerous political waters. For the first time since the creation of Europe’s monetary union, a member state has taken the explicit step of forbidding eurosceptic parties from taking office on the grounds of national interest. Anibal Cavaco Silva, Portugal’s constitutional…

Federal Reserve Bank of New York President William Dudley said critics of the expansion of monetary stimulus are underestimating the central bank’s ability to raise interest rates when necessary. “People do not understand clearly” that “we can have an enlarged balance sheet and not have a long-term…

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Select a Section 1 /0 More than five years after the 2008 financial crisis, the Federal Reserve’s role is still the subject of much debate. One source of controversy has been the extent to which the Fed allocated credit directly to possibly insolvent institutions. Critics argue that the Fed should…

TuoreimmatLuetuimmat JUURI NYT114-vuotias maraton­juoksija kuoli – Jäi auton alleTällainen on synkkä kierre, johon Tampereen joukko­puukottaja on ajautunut: ”Hyvä olo, kun raivo purkautui” Lemmikkilanssin asiakkaat Kiviterapiaa Kuortaneella Katumuoti Helsingissä Raju sade iski Mäntsälään Ishowspeed…

Luetuimmat 1 Trumpin entinen YK-lähettiläs sohaisi mehiläis­pesään arvostellessaan Suomen terveyden­huoltoa: ”Tiedätkö edes missä Suomi on?” 22.3.2019 2 Keskellä suomalaista metsää on pieni mökki, josta aukeaa näkymä ihmis­kunnan kohtaloon – Tässä on hiili­nielu, mutta onko siitä planeetan…

Business as usual. That will be the implicit message when the Sveriges Riksbank announces this year’s winner of the “Prize in Economic Sciences in Memory of Alfred Nobel”, to give it its full title. Seven years ago this autumn, practically the entire mainstream economics profession was caught off…

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Everywhere the U.S. Promotes Regime Change, ISIS Follows You know about ISIS in Syria and Iraq. But did you know that ISIS is also spreading like a cancer in Afghanistan? The Independent reported in July: The Americans, who were, just three months ago, dismissing the arrival of Isis in Afghanistan…

I was recently granted a rare glimpse behind the official façade of the EU when I met with its Trade Commissioner in her Brussels office. I was there to discuss the Transatlantic Trade and Investment Partnership (TTIP), the controversial treaty currently under negotiation between the EU and the USA.…

By Greg Robb Senior economics reporter WASHINGTON (MarketWatch) - The Federal Reserve should gradually raise interest rates, said James Bullard, the president of the St. Louis Fed, on Tuesday. "Prudent monetary policy suggests gradually edging the policy settings closer to normal, since the goals…

The World’s financial system would have collapsed in 2008 and early 2009 if the governments of the day (including their central banks) had have maintained the dominant belief held by most mainstream economists that fiscal policy is not capable of an effective stimulus to real economic activity and…

A few weeks ago I wrote – US Federal Reserve decision correct – there is no ‘normal’ – and suggested that the reason Wall Street and other well-to-dos were busily invading the media at every opportunity berating the US central bank for not increasing interest rates was because they had a vested…

© Alma Media Oyj 2016 Tietosuoja Alma Media yhteystiedot TIETOSUOJA Lisätiedot almamedia.fi/tietosuoja Evästeet Käytämme Alma Median sivustoilla evästeitä. Jatkamalla sivuston selaamista hyväksyt evästeiden käytön. Sijaintitieto Sallimalla saat sijaintiisi perustuen kohdennettua sisältöä, säätiedot…

Federal Reserve Bank of Minneapolis President Narayana Kocherlakota said the central bank has put its credibility at risk by easing during a year in which inflation rose and unemployment fell. “The committee’s actions at the last two meetings are inconsistent with a systematic pursuit of its…

Legal research should be conducted to check whether ‘helicopter money’ would be legally feasible in the Eurozone, said the President of the European Central Bank addressing a question from a Member of the European Parliament.) On September 23rd 2015 Mario Draghi addressed the European Parliament at…

ATHENS – “The costliest minor government reshuffle in Greece’s history.” That is at least one way to describe the result of the Greek general election on September 20. Indeed, with few exceptions, the same ministers have returned to the same offices as part of an administration backed by the same…

SOMETIMES doing nothing really is better than doing something. On September 17th the Federal Reserve made the right decision to leave its benchmark interest rate, unchanged since 2008, near zero. With inflation sitting well below the Fed’s 2% target and doubts about China’s economy prevalent (see…

BEN BERNANKE'S book is officially out and available. The Economist 's full review will be published later this week (it's a big book). But debate about the book's arguments is already unfolding, and I can't resist joining in. Two weeks ago, The Economist repeated its endorsement of a change in the…

Angela Merkel and François Hollande will be addressing Parliament French President François Hollande and German Chancellor Angela Merkel will make a historic joint appearance in the European Parliament in Strasbourg today. They will speak on topical European issues and debate with political group…