With ten days to go before the May 24th general election in the Republic of Ireland we seem to finally have put the issue of Prime Minister Bertie Ahern’s financial irregularities to bed. Having confessed to parliament last autumn that he received cash from friends whilst in the middle of a messy separation from his […]
Another Boring Budget Cycle
Everyone likes to complain about taxes. It is one of the great underrated spectator sports. But few people do anything about taxes. Very, very few people take the time to study a budget. Budgets are dull, confusing and require a couple of hours to understand. Those who read a budget figure out pretty quickly that there is not much discretionary […]
Dodgy neighbour
A recent interview in the Financial Times had South Africa’s president Thabo Mbeki reiterating his much maligned policy of quiet diplomacy on the ever thornier subject of his country’s troubled neighbour, Zimbabwe. With Robert Mugabe, who at 83 has now led Zimbabwe for 27 years, having convinced his party to select him as their candidate […]
…and the times they are a changin: A Eurosceptic accepting the Euro
Major economic reforms have been taking place in Greece since the early 1990s and one of the strongest catalysts for these changes has been the Euro. In November 2001, the price of a return ticket from Pireaus to the island of Crete cost ten thousand drachmas. One year later, after the EU had officially converted […]
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