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2
Jun
2016

Global manufacturing activity was in a stagnation rut in May with factory output from Asia, Europe and the Americas barely improving, surveys published Wednesday showed. The Organisation for Economic Cooperation and Development (OECD) also issued a gloomy report Wednesday, which said that the global economy is stuck in a low-growth trap that will require more coordinated and comprehensive use of fiscal, monetary and structural policies to move to a higher growth path and ensure that promises are kept to both young and old.

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27
May
2016

Last week the so-called gig/ freelance economy and implications for worker rights, were the focus of attention from both a group sponsored by the Organisation for Economic Cooperation and Development (OECD), and the International Labour Organisation (ILO). The Pew Research Center published survey results on Wednesday 18 May and a day later, Elizabeth Warren, the United States senator, gave a speech on the issue.

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17
May
2016

The US media isn't responsible for the creation of Donald Trump, the de facto Republican Party candidate for the presidency of the United States. However, it provided him with billions worth of free coverage while its top-paid television journalists in particular, abjectly failed in challenging him both on a raft of lies — some patently outrageous — and contradictory soundbite policy proposals that would have been ridiculed if they had been proposed by a lesser-known candidate.

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4
May
2016

Global PMI (purchasing managers' index) data indicated a near-stagnation of the manufacturing economy in April. Activity in the UK's manufacturing industry contracted in April for the first time since 2013, while manufacturing growth in Ireland slowed to a two and a half year low, with output, new orders and employment all posting weaker growth.

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21
Apr
2016
18
Apr
2016

Global inequality fell in the period 1988-2008 — the first decline since the First Industrial Revolution dating from about 1750 — this was a period that was bookended by the collapse of communism in the Soviet Union and its satellite states in eastern Europe, the re-emergence of China and the onset of the Great Recession. Despite growing inequality in developed countries, recent data to 2013 confirm the results.

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13
Apr
2016
13
Apr
2016

There is a common thread that links the leaders of the Brexit campaign — the UK referendum in June on Britain leaving the European Union — and the insurgent campaigns of Donald Trump and Senator Bernie Sanders for the presidency in the United States: they are tapping public anger with the status quo but none of them have set out in credible detail how they would implement their goals after victory.

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6
Apr
2016

The US state of Delaware, calls itself the First State, and it is also the world's biggest tax haven which may explain why the revelations this week triggered by a massive leak of over 11m documents from a law firm in Panama, facilitating the hiding of wealth by the rich elite of the world, did not feature Americans as it is much easier to set up anonymous shell companies in the United States than it is in well-known tax havens such as the Cayman Islands, Bermuda or the British Virgin Islands.

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4
Apr
2016

More than 11m documents from the files of Panama law firm Mossback Fonseca, the world's fourth biggest offshore law firm, reveal the details of hundreds of thousands of clients using tax havens, including close associates of Vladimir Putin, president of the Russian Federation and members of the government of Iceland including Sigmundur Gunnlaugsson, prime minister, and his wife.

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