Published by Promoting Economic Pluralism
UK households, like those in many other countries, are struggling to make ends meet. More than half of households have only £2.66 per week left after paying for bills and essentials, according …
Inflation: How financial speculation is making the global food price crisis worse Read More
When senior European and American officials gather in Washington next month, there’s a lot they’re likely to agree on — from vaccines to artificial intelligence. Just don’t bring up subsidies …
Trade war threatens to overshadow EU-US summit Read More
Pressure is mounting to downgrade GDP or improve it so economic growth is not the only game in town. The numbers are heading in the wrong direction. If the world …
GDP is getting a makeover Read More
The European Central Bank (ECB) has announced a new jumbo hike of interest rates in a bid to bring down record inflation in the eurozone. The bank’s three key interest …
European Central Bank announces new super hike of interest rates to tame inflation Read More
China’s third-quarter economic data, including gross domestic product figures, were due to be released Oct. 18. The day before the scheduled release, however, publication was delayed indefinitely. Indeed, over the …
China’s Missing Economic Data Read More
The UK’s economic outlook has been downgraded from “stable” to “negative” by the rating agency Moody’s because of political instability and high inflation. Moody’s said the change in outlook was …
UK economic outlook downgraded to ‘negative’ by rating agency Read More
VIENNA/BRUSSELS/BERLIN/PARIS — Iran this week privately pressured EU diplomats to abandon sanctions against Tehran over its lethal crackdown on protesters, warning diplomats the move may rupture Europe’s ties to the …
Iran privately menaces EU capitals against sanctions Read More
“In God We Trust” has been inscribed on all US paper and coin currency since former president Dwight Eisenhower mandated it in the 1950s. Americans generally believe in the afterlife, …
Why the US dollar’s supremacy is hurting the rest of the world Read More
The Lords of Easy Money: How the Federal Reserve Broke the American Economy by Christopher Leonard. Review by Guy Dauncey Every healthy economy has a financial immune system to protect …
Gone for broke Read More
The Bank of Japan has maintained ultra-low interest rates and dovish policy guidance as it seeks to reassure markets that it will continue to swim against a global tide of …
Bank of Japan keeps ultra-low rates despite US Fed tightening Read More