British national debt passes £1 trillion
A record is set and a psychological barrier breached. Michael Goldfarb Despite a year of spending cuts and modestly increasing tax revenues Britain's government debt breached the £1 trillion mark (...
View ArticleAusterity bites, pt. 2
Second thoughts about austerity cuts as the cure for what ails Europe's economies Michael Goldfarb Austerity cuts seems to be the theme of my blog posts today. Heavily indebted European governments...
View ArticleDavos takes on euro zone crisis
Old arguments about how to solve the euro zone crisis are re-hashed at World Economic Forum annual meeting Michael Goldfarb Davos. The name, the place, what it stands for is a challenge to an ideal of...
View ArticleAusterity: Cause and predictable effect
Post-Davos consensus growing among enlightened commentators: policy makers haven't got a clue Michael Goldfarb Davos is not a place where policy gets made or treaties get negotiated, as I wrote last...
View ArticleSex shop clients forced to use back door
A British sex shop has been forced to install a secluded back entrance after clients were subjected to loud cheers from a nearby pub. Iva Roze Skoch Not many sex shops in the world specifically urge...
View ArticleBritain, Argentina: more Falkland's anniversary saber rattling
As anniversary of war approaches, Britain sends another warship to patrol waters around the Falkland Islands Michael Goldfarb The 30th anniversary of the start of the Falkland war is just two and a...
View ArticleSyria: France, Britain and Italy recall ambassadors
European countries play what cards they have against Assad regime. Michael Goldfarb There is not a lot European countries can do to stop the Bashar al-Assad regime's onslaught against its own people -...
View ArticleEuropean austerity by the numbers: in or out of the euro zone today's...
Statistics prove yet again: cutting alone will not help an economy Michael Goldfarb The European economic numbers flow across my computer screen, not quite as quickly as the ticker tape crawl at CNBC...
View ArticleTensions between Italy and Britain over failed hostage rescue attempt
British raid in Nigeria led to deaths of two hostages held for more than nine months by Boko Haram Michael Goldfarb Success has many fathers, but failure? Yesterday's failed attempt by British Special...
View ArticleBritish soccer goes for broke
LONDON — One of the most successful teams in English sporting history, Arsenal have lost their place at the top since big-money foreigners began buying English teams. Now they struggle to finish within...
View ArticleLetter from London: Liverpool no longer bears its cross alone
LONDON — David Cameron's apology for the gross failures of his predecessors reflects the magnitude of the Hillsborough disaster in 1989, when 96 supporters of the Liverpool soccer club were crushed to...
View ArticleBritain’s banking mission impossible
LONDON — The Bank of England is advertising for a new governor for the first in its 316-year history. But experts say few can live up to the job description. read more
View ArticleMurder on the telly, for real this time
LONDON — In the United States, high-profile murder trials have been nationally televised since the 1970s, and American viewers have since become used to sensationalized televised proceedings like those...
View ArticleBritain’s other spying scandal
LONDON — Revelations about the vast data-harvesting operations of Britain’s top spy agency have made headlines around the world. But the UK is also grappling with astonishing allegations about the far...
View ArticleIn the UK, nothing interrupts the shipping forecast — not even live sports
LONDON — There are warnings of gales in all areas except Biscay and Trafalgar. Tyne, Dogger, Fisher, German Bight: Southwest 5 to 7, occasionally gale 8 in Dogger. If those lines are unrecognizable,...
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