Constructive analysis of money printing is better than unthinking dismissal
European Commission blames low oil prices and global economic weakness
C-SPAN’s coverage of the 2016 White House Correspondents’ Dinner features guest red carpet arrivals, interviews on preparations for the event, as well as remarks by President Obama and The Nightly Show’s Larry Wilmore.
2016 White House Correspondents’ Dinner
Larry Wilmore provides entertainment at the annual White House Correspondents’ Association dinner.
Larry Wilmore complete remarks at 2016 WHCA Dinner
And for a little contrast:
Stephen Colbert 2006 White House Correspondents Dinner
The post 2016 White House Correspondents’ Dinner appeared first on The Big Picture.
Our balance of payments situation is so poor that a 10% weakening in sterling would be no bad thing – if there were not such a risk of things getting out of hand
Ever since his first written evidence to the Treasury committee, the governor of the Bank of England, Mark Carney, has hinted that he understands the UK’s real deficit problem. This is not the budget deficit, of which chancellor Osborne has made such a fetish, but the balance of payments deficit.
Indeed, that distinguished former permanent secretary to the Treasury and cabinet secretary, Lord Turnbull, recently pointed out that debt owed to citizens of this country is not a problem – and that by not borrowing more for infrastructure at such low rates, Osborne is actually impoverishing future generations. He is, said Turnbull, “playing a dirty game”.
Economists had expected stronger growth in the manufacturing sector after recent stimulus measures by the Beijing regime
China’s manufacturing sector expanded less than expected in April, raising doubts about the sustainability of a recent pick-up in the world’s second-largest economy.
The official purchasing managers’ index (PMI) was 50.1 in April, easing from March’s 50.2 and barely above the 50-point mark that separates expansion in activity from contraction.
At a special live event Bridie Jabour and her panel discuss what would happen without superannuation, whether a banking inquiry is justified and just what Clive Palmer’s re-election pitch might sound like
In this episode we have the best bits from the recent Quarter Time in Sydney. Hosted by Bridie Jabour, it includes a panel with Guardian Australia’s political editor, Lenore Taylor, the ABC’s Dominic Knight and economics correspondent for the Australian, Adam Creighton. The panel discusses the problems with the banking industry, Malcolm Turnbull’s electoral woes and then each member makes a pitch for something they would like to see made an election issue.
• Lenore Taylor on politics: asylum and climate change are back in the news – and the response has been pathetic