Independent title: Britain's public finances worse than Gambia, Uganda and Kenya, because of privatisation, IMF finds Independent subtitle: Bank bailouts, rising pension liabilities and sell-off of public assets have wiped £1 trillion off UK’s net wealth, study suggests "Britain’s underlying public finances are among the worst in the world, behind the Gambia, Uganda...
FT title: Brexiters misunderstand the European project FT subtitle: It is legitimate to believe the EU has over-reached, but not to despise its goals “What happened to the confidence and ideals of the European dream? The EU was set up to protect freedom. It was the Soviet Union that stopped people leaving. The lesson from history is clear: if you turn the EU club...
A few days ago, I used a Bloomberg article as a blog: "A world with fewer babies spells economic trouble". That Bloomberg article was about USA, China, Japan and Germany. This UK Times article of 18 September 2018 zooms in on the "acute demographic crisis" in Japan. ------- Times title: Record three in ten Japanese are over 65 as population...
Lately, I’ve been reading about the decline of the Nation-State (eg, Guardian, NRC). To my surprise, they use the surge in Nationalism as evidence for this decline. Perhaps, there’s a definition issue as Nationalism should be evidence to the contrary. Federalism, Globalism and Imperialism are evidence of a decline (of the importance of) the Nation-State....
Following the 3 February 2017 Malta summit, the German PM and others offered endorsements of a so-called "multispeed Europe" along with more individual country sovereignty (eg, Reuters). It seems that the core of the EU has finally learned its lessons following Brexit and Trump. A multispeed Europe is in line with William Hague's proposal for anassociate EU...
When you look at a map of Europe then you will notice that Spain is a huge country and totally surrounds small Portugal. The first question that springs to mind is why did Spain never invade Portugal? Actually, they did but Spain was never successful in its efforts. A more generic version of this question is why did small countries survive history? The Netherlands...
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