Sharp slowdown in second quarter suggests stimulus has been insufficient
BANGKOK (Reuters) – A series of bombing and arson attacks in southern Thailand that killed four people and wounded dozens was orchestrated by a single person, Thai police said on Sunday, while a man has been arrested in relation to one of the attacks.
JUBA (Reuters) – Fighting flared in South Sudan late on Saturday southwest of the capital between forces loyal to the president and those backing the opposition, after clashes last month raised fears of a slide back into civil war.
SAN ANTONIO, Venezuela (Reuters) – Thousands of Venezuelans were welcomed to Colombia by a military band early on Saturday morning as the two countries’ borders were officially reopened after being closed by Venezuela a year ago.
With ongoing austerity and low demand, Greece was never going to manage any sort of growth or budget surplus
Greece has ceased to make headlines. A year ago, the TV cameras were trained on the protesters thronging the streets of Athens because there were fears that a crisis that had been steadily becoming more acute in the first half of 2015 could result in the single currency splintering.
That threat was removed by a deal that involved a humiliating climbdown by the Syriza-led government. Greece received a bailout, but with harsh conditions attached.
As manufacturing plunges towards recession, we must shake off private-sector thinking and allow government to act for the nation’s benefit
As ever, it has taken the smell of Britain’s problems reaching parliament to make government act. After Brexit, the manufacturing sector, which had been ebbing towards recession for some time, has now begun to shrink.
We have too few of the higher-paying jobs that manufacturing can offer to poor white boys and girls, and soon we will have even fewer. This is rotting our democracy, not to mention wasting talent and denying us all the prosperity a full use of our workforce, capabilities and assets would bring.