COMMENT: By Paola Subacchi Once seen as modern witch doctors with exclusive knowledge, economists are now despised `experts’ Is the economics profession “in crisis”? Many policymakers, such as Andy Haldane, the Bank of England’s chief economist, believe that it is. Indeed, a decade ago, economists failed to see a massive …
Read More »Lagarde admits IMF’s ‘harsh’ conversion to inequality crisis
IMF head Christine Lagarde has conceded the Washington lender had been late waking up to the widening gap between rich and poor around the world, but is now researching answers to help the middle class By Antonio Rodriguez. Lagarde on Jan.18 made the admission to an audience of high-flying executives …
Read More »COMMENT: Hoping for the best against trump
COMMENT: By Ian Buruma His election is more like an earthquake, unleashing forces no one can control Is there any reason for liberals to feel optimistic after a year of political disasters? Is there even a shred of silver lining to be found in the tatters of , Donald Trump’s …
Read More »COMMENT: Sugar imports not solution
COMMENT: By Michael Mugabira Problem is the group advocating protectionist zoning in production but free market pricing Currently, the local media is awash with stories depicting a sugar crisis in this country. Possible solutions being fronted by Ministry of Trade, Industry & Cooperatives (MTIC) in the forth-coming meeting is possibly …
Read More »UK says Brexit timetable ‘unchanged’ despite shock ruling
London, United Kingdom | AFP | British Prime Minister Theresa May on Friday told European leaders that her March deadline for triggering Brexit negotiations “remains unchanged” despite a court ruling that she first needs parliament’s approval. May told European Commission President Jean-Claude Juncker and German Chancellor Angela Merkel that the …
Read More »‘Don’t get Brexited’, UK campaigners tell US voters
London, United Kingdom | AFP | Campaigners in London sent a rallying cry to Americans on Thursday to get out and vote in the forthcoming presidential election and avoid getting “Brexited”. Dressed in hard hats and high-visibility vests to symbolise danger, activists gathered outside the British parliament to issue a …
Read More »In Thatcher’s footsteps: Theresa May
In Thatcher’s footsteps: Theresa May, Britain’s Brexit PM London, United Kingdom | AFP | Britain’s prime minister in waiting Theresa May is a pragmatist who has emerged from the chaos of the Brexit referendum unscarred, portraying herself as the one who will lead the country out of the EU. The …
Read More »Britain exits EU: What does it mean for Africa?
A view from the Economic Policy Research Centre Makerere On June 23, the British voted in a referendum to exit the European Union. The referendum was predictably surrounded by discussions of what a British exit- Brexit- would mean for the people and its social, political and economic impact. Of particular …
Read More »British minister May launches bid to succeed PM Cameron
British interior minister Theresa May announced her bid to succeed Prime Minister David Cameron on Thursday, saying negotiations to leave the European Union should not begin before the end of the year. “I’ve invited you here today to announce my candidacy to become leader of the Conservative Party and …
Read More »Britain ‘may never’ trigger EU divorce
Britain “may never” trigger the formal divorce process with the EU despite last week’s referendum in which the country voted to leave, EU diplomats said Sunday. “My personal belief is they will never notify” the EU about their intention to leave, a senior EU diplomat said on condition of anonymity. …
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