Pope Francis issued a strong call for world financial reform yesterday, condemning a heartless "dictatorship of the economy" and saying the economic crisis had made life worse for millions in rich...
- Thu
- May 23, 2013
- Updated: 6:32pm
Trending topics
9 May 2013
After a year of radical reforms that made Spain more competitive but also exacerbated a deep recession, Prime Minister Mariano Rajoy has largely lost his appetite for aggressive and unpopular cuts...
1:01PM
8 May 2013
President Xi Jinping’s crackdown on Chinese government extravagance has emptied top-end restaurants and dented the sale of expensive food and drink, putting downward pressure on the world’s second...
10:33AM
6 May 2013
After six consecutive years of brutal recession, with homeless and unemployment rates skyrocketing, Greek society is experiencing an “unheard-of fragmentation”, made worse by fierce austerity...
1:45PM
1 May 2013
Ireland may spend any spare cash from future budgets rather than ease austerity measures, Finance Minister Michael Noonan said, after it left its plans to cut spending by 5.1 billion euro (HK51.9...
1:02PM
29 Apr 2013
Austerity is having a devastating effect on health in Europe and North America, driving suicide, depression and infectious diseases and reducing access to medicines and care, researchers said on...
10:29AM
France's ruling Socialist party will remove strongly worded criticism of German Chancellor Angela Merkel from a draft text on Europe that revealed its level of hostility towards Berlin's focus on...
4:29AM
Fatigued by years of austerity and swayed by promises of debt relief, Icelandic voters dumped the Social Democrats from power on Saturday, returning a centre-right government that ruled over its...
3:52AM
A heated debate about Europe’s austerity drive has flickered back into life, with leading IMF and European Central Bank officials sharply at odds and Angela Merkel declaring that Germany required...
12:04PM
Was it - or more to the point, is it, since it is still going on - the economic recession triggered by an Excel spreadsheet error? Not only the arcane world of academic economists, but finance...
5:16AM
In this age of information, maths errors can lead to disaster. Nasa's Mars Orbiter crashed because engineers forgot to convert to metric measurements; JPMorgan Chase's "London Whale" venture went...
4:56AM
From her small convent in the mountains near Barcelona, Sister Teresa Forcades, a Harvard-educated Catalan nun, has emerged as a leading advocate of Spain's "indignant" protest movement against...
3:29AM
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