Austerity news from Around the Globe


 
 

d0ddbc8e68becda49551b1552a310ea3

Austerity is a Four-Letter French Word

FXstreet.com
Austerity is a four-letter Anglo-Saxon – or even worse, Teutonic – word in socialist France, yet the market at some point is going to want to see a move toward sustainable budgets. Government bond investors are not philanthropists. They look for the …
See all stories on this topic »

 

Austerity drains economic life

Yorkshire Post
THE latest statistics confirm that wages are increasing by well under the inflation rate, at the same time as benefits for those of working age are rising at just one per cent a year. So I’m not surprised that the economy is still struggling, as people 
See all stories on this topic »

 

Scottish independence: ‘No’ vote austerity warning

Scotsman
But Labour leader Johann Lamont insisted that an independent Scotland would face even harsherausterity than the UK amid concerns that SNP “big business” tax breaks will see major job cuts. The leaders clashed today during the final First Ministers 
See all stories on this topic »

 

Portugal: 5 million participated in general strike, say unions

 

Patience with the government’s austerity plan is running thin in Portugal with banners reading ‘Enough’ and ‘Government Out’. In their fourth general strike in two… read full article

 Austerity: ‘unprecedented erosion’ in living standards
The Guardian
If you thought you were feeling the pinch, here’s probably why. Rising prices, stagnant wages and benefit cuts are creating an “unprecedented erosion” in living standards, especially for low and middle income families, according to new research from 
See all stories on this topic »

 

Stuff your austerity! We want something different

New Internationalist (blog)

The idea of the Peoples Assemblies is to create a mass national and local movement against austerity. Saturday’s event brought together people of all ages and walks of life – trade unionists, direct activists, students, pensioners, hackers, disabled …
See all stories on this topic »

Social Justice Ireland says austerity not working

RTE.ie

“Austerity is not working for Ireland. Government has cut spending, raised taxes, increased unemployment, lowered wages, decimated services and allowed infrastructure to deteriorate on the understanding that austerity would lead to recovery …
See all stories on this topic »

Austerity leaves bitter taste as Leinster House sweet shop shuts
Irish Times
It was the Taj Mahjal of the mint humbug, the Southfork of the chocolate snowball, the Buckingham Palace of the fruit pastille. The notorious Leinster House sweetie shop – that glass walled monument to the Celtic Tiger notions of a discredited …
See all stories on this topic »

 

Miliband’s offer of austerity in a red rosette is failing voters
New Statesman
If austerity is wrong and counter-productive when the Tories do it, it will be wrong and counter-productive whoever does it. Austerity in a red rosette is no less brutal and damaging than in a blue one. In failing to articulate a clear economic …
See all stories on this topic » 
 
Portuguese businesses attack austerity, urge U turn
GlobalPost
Portuguese business leaders launched on Monday a strong attack on austerity conditions tied to the EU-IMF bailout of the economy, saying that they had failed and the government should change direction to save the country from “recession”.
See all stories on this topic » 
 
Union warns austerity will spur growth of ‘zero hours’ contracts
Financial Times
images (11)
Austerity will spur the use of zero hours contracts, as more public sector work is outsourced to providers who rely on the ultimate flexible employment option, a think tank and union have said. The contracts, which offer no guaranteed work, are being …
See all stories on this topic »
 
Discredited Pro-Austerity Research Gets New Love From World’s Central Bank
Huffington Post
Our world’s troubling austerity deficit is actually not the main message of the BIS’ 76-page opus, but an entire chapter, “Fiscal sustainability: Where do we stand?” is dedicated to the topic. And this chapter sounds a rallying cry for more austerity …
See all stories on this topic »

Austerity Loses in Massachusetts
The Nation.
Gomez ran as a classic proponent of austerity. He proposed to balance budgets on the backs of working families and retirees. The Republican nominee supported raising the retirement age for Social Security benefits for future retirees and he wanted to …
See all stories on this topic » 
 
France’s Austerity Drive Pushes Country into Recession
IBTimes.co.uk
download (8)
France’s drive to slash spending and debt by implementing strict austerity measures has pushed the country into recession, confirmed the government’s statistics office. In the first quarter of 2013, French gross domestic product (GDP) in volume …
See all stories on this topic »
  
Lying about austerity serves “special interests”
People’s World
A few weeks ago, the most prestigious apologists for austerity in the economics profession, Ken Rogoff and Carmen Reinhart of Harvard University – now known as R & R – were brought up short when a blatant spreadsheet error in their published work …
See all stories on this topic » 
 
‘Greece to avoid more austerity’
Independent Online
images (10)
Athens – Greece’s Prime Minister Antonis Samaras said on Tuesday avoiding new austeritymeasures to fulfill targets in the country’s international bailout was a priority of his two-party coalition government. “Our immediate priority is to return to …
See all stories on this topic »
  
Greece: Austerity Doesn’t Involve Public-Sector Layoffs
Heritage.org (blog)
Slate’s Matthew Yglesias might be attacked as an “austerity denier” now that he has joined Heritage’s Salim Furth in pointing out that there is a lot of policy diversity under the broad label of “austerity.” Yglesias explained last week why a small but …
See all stories on this topic »
 
Austerity support frays at edges among EU smaller fiscal hawks
Financial Times
Since the financial crisis swept through Europe four years ago, the bloc’s triple-A rated economies have been vociferous backers of controversial austerity measures as the solution to the continent’s woes. Yet as the crisis drags on, unemployment rises …
See all stories on this topic »
  
Austerity Remains Key to Britain’s Economic Plan
New York Times (blog)
LONDON — Extended spending cuts, including a fresh squeeze on welfare payments, were announced by the British government on Wednesday, ensuring that the politics of austerity remain firmly center stage in the run-up to the country’s next elections.
See all stories on this topic » 
 
UK austerity: ‘Diverting money from poor to rich under guise of economic crisis’
RT (blog)
The UK’s austerity policy is ideologically driven and is aimed at diverting finance from the poor to the rich under the pretext of the economic crisis, writer John Wight told RT. Britain’s Chancellor of the Exchequer George Osborne is announcing …
See all stories on this topic »
 
Portuguese Workers Strike to Say Austerity Has Gone Too Far
Wall Street Journal
LISBON—A nationwide strike froze public-transport services and shrank hospital staffs across Portugal on Thursday amid a growing consensus among workers and businesses that austerity has reached its limit. Protests and strikes have become common …
See all stories on this topic » 
 
Austerity Britain rolls on
Morning Star Online
In the run-up to George Osborne’s spending review, the Sunday TV discussion programmes ran with their usual carefully selected commentators. All of them accepted that there have to be cuts in public expenditure. There was not an alternative policy on …
See all stories on this topic » 
 
Britain sugars austerity pill with infrastructure boost
euronews
LONDON (Reuters) – Chancellor George Osborne unveiled a new round of spending cuts on Wednesday, but promised to pump some of the savings straight back into the economy to counter charges of excessive austerity. In a speech to parliament …
See all stories on this topic »
 
More spending cuts for Britain, but austerity pill is sugared
Reuters UK
LONDON (Reuters) – Chancellor George Osborne unveiled spending cuts on Wednesday to try to tame the country’s big public deficit, but promised to reinvest some of the money saved to counter criticism of excessive austerity. In a speech to parliament, …
See all stories on this topic »
  
 
Austerity? It’s hardly begun! Chancellor Osborne tightens the purse strings …
This is Money
But for all the talk of austerity, government spending is set to rise from £720billion this year to £745billion in 2015/16 – the year the latest cuts take place. Over the same period, tax receipts are expected to rise from £612billion to £658billion …
See all stories on this topic »
Chappatte-Crise-eu
Advertisements

About Old Boy

Love the past and the future but live in the present

Posted on June 30, 2013, in activism, Anti Austerity, Banking, buisiness, EU, Government, IMF/ECB, International affairs, politics, Protest, Wealth and tagged , , , , , , , , , , , , , , . Bookmark the permalink. Leave a comment.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

The Essence Within

Silently, the grass grows.

FLOW ART STATION

THE CONTEMPORARY MAGAZINE

21st Century Films

Film Analysis, Essays, and Short Stories

swo8

Music means something

Discobar Bizar

Welkom op de blog van Discobar Bizar. Druk gerust wat op de andere knoppen ook, of lees het aangrijpende verhaal van Hurricane Willem nu je hier bent. Welcome to the blog of Discobar Bizar, feel free to push some of the other buttons, or to read the gripping story of Hurricane Willem whilst you are here!

Playing by My Own Rules

Cancer Messed with the Wrong Hellion

manologo

pienso y recuerdo...luego, existo

When the Whippoorwill sings

Queer Supernatural Romance and Horror Erotica

Noellie's Place

Life is brutal at times but always offers beauty and love to soften the blows if you open your hearts eye

After Credits Corner

There's a million films I haven't seen. Just you wait...

Reel Time Flicks

Film reviews and news, everyone's a critic! Welcome to the drinking blog with a film problem.

Baz Allen

Archive

Silents, Please!

interesting avenues in silent film history

Superduque

Mi patria es todo el mundo.

WRITE THEM ALL.

THOUGHTS. FEELINGS. MEMORIES.

Budget Traveler

Travel Guide, Blog & Reviews

The Conglomerate Lode

Mining thoughts, opinions, and experiences that enter the eyes the front door to the grey matter

La Audacia de Aquiles

"El Mundo Visible es Sólo un Pretexto" / "The Visible World is Just a Pretext".-

CINESPIRIA

Shining a light on the deep recesses of film history

Dr. Grob's Animation Review

The animation film review site

Genç Yazarlar Kulübü

Edebiyat burda, kahve tadında.

Alfred Eaker's The BlueMahler

Alfred Eaker's art (painting & film), reviews and essays. BlueMahler is a performance art character first created by Eaker at the John Herron School of Art in the early 1980s.

Master Mix Movies

One Movie at a Time

Jason's Movie Blog

A Movie Blog for the Latest Movie Reviews, Trailers, and More

Purple Pants

Presenting Life Delicacies with a Pinch of Salt

La Page @Mélie

Contre le blues, le meilleur remède, c'est le rock...!

simple Ula

I want to be rich. Rich in love, rich in health, rich in laughter, rich in adventure and rich in knowledge. You?

I didn't have my glasses on....

A trip through life with fingers crossed and eternal optimism.

Prestridge²

Independent journalism on the things we love - money, film and the arts

smithartonline

Art, education and ruminations

Exclusivito

Confessions of a book-traveller

Kitchen Scenes

Performance Art Based Video & Film

My Life as an Artist (2)

Smile! You’re at the best WordPress.com site ever

Paperback Cinema

Never judge a book by its movie.

CURNBLOG

Movies, thoughts, thoughts about movies.

Widdershins Worlds

WRITING LESBIAN FICTION, SCIENCE FICTION, AND FANTASY, SINCE THE 20TH CENTURY

SKYLINE REPORTS

comedy magazine

Flicks and Pieces

Film & TV Reviews, News & Musings

MovieBabble

The Casual Way to Discuss Movies

seriesdefilms

Pour ceux qui se font des films en séries!

Plain, Simple Tom Reviews

Musings on film and TV, old and new.

Rarest Kind of Best

Talking about children's books and films. Useful information for parents.

Outspoken and Freckled

Kellee writes about classic & modern film, retro TV... and life's adventures, with a sassy Irish passion.

%d bloggers like this: