Economy

In a landmark ruling in Hania, Crete, a Greek judge has wiped out the debt owed to banks by a full time employed civil servant.
As another EU summit ends with no solution to the Euro crisis, David Cameron surprised no-one by dropping his pledge to stop the eurozone from using the European courts to uphold its new fiscal pact outside the EU treaties.
European finance ministers will meet today to finalise the terms for Greek debt restructuring.
Who is promoting the introduction of a financial transactions tax, and, for what purpose will any collected revenue be applied?
UK H2 Mobility Logo
A new project was launched yesterday with the aim of bring hydrogen fuel cell powered vehicles to the UK.
Last April, the Mexican National Water Commission (Conagua), the World Wildlife Fund (WWF, for its acronym in English) and the Interamerican Development Bank (IDB) announced an alliance to reclaim water used by humans for environmental use, ensuring water resources needed for the proper functioning of ecosystems. Since human use is not considered "environmental", the result is nothing less than murder.
The main cause of hyperinflation is a massive and rapid increase in the amount of money which is not supported by growth in the output of goods and services. The UK Column has been warning for a number of years now that we are staring hyperinflation in the face. So where is it?
The markets seem to have mostly shrugged off France's loss of its triple-A rating.
We are often told not to kick a man when he is down ...
Hyperinflation
On the 22nd December last year, the European Central Bank began lending some new money. 523 European banks borrowed €489 billion in one day.

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