Under pressure from its MPs, the government has been forced into a series of embarrassing U-turns since the mini-budgets, including climbing down on a plan to scrap the top rate of income tax. Experts believe that chancellor Kwasi Kwarteng will have to row back on more of his tax cuts or drastically cut public…
New York Times, Investigative reporters Walt Bogdanich and Michael Forsythe, lift the lid of the “culture of secrecy” and shatter the luminous image of McKinsey & Co. the consulting giant, by unearthing conflicts of interest, corruption, hypocrisy, and strategic blunders that read like a prosecutor’s indictment. Vault.com, an employment site asserts that McKinsey with annual…
Before 1870, most people lived in dire poverty, the benefits of the slow crawl of invention continually offset by a growing population. Then invention sprinted forward, doubling our technological capabilities each generation, and creatively destroying the economy again and again. In Slouching Towards Utopia, Bradford DeLong, one of the world’s leading economists, economics professor, former…
Since the late 1970s is China’s “reform and opening up” been key to the country’s spectacular growth? Or are they smoke screen for retrograde statist control to bolster the last major communist regime on Earth as the late Mao era became a potent global rival to the US – perhaps the dominant superpower of the…
Jamie Flore Higgins, one of the few women at the highest ranks of Goldman Sachs, spurred on by the obligation to her working-class immigrant family, rose through the ranks and saw it all: out-of-control, lavish parties flowing with never-ending drinks, affairs flouted in the office, rampant drug abuse, and most pervasively, a discriminatory culture…
A climate Catastrophe has led to at least 1, 136 deaths according to the UN and has affected more than 30 million people which equates to one in seven Pakistanis. On 28 August, Pakistan’s military rescued a boy who was stranded in the middle of a heavily-flooded stream. Antonio-Guterres urged the world to come to…
Pearson, a British industrialist, had done a deal with the anti-American government of Mexico for a 50-year oil concession that covered much of the state of Veracruz, a 1839 feet ( 558 meters ) Dos Bocas well exploded into a broiling fountain of oil that rose 1000 feet into the air. Keith Fisher’s new book…
Scottish Unionist politician and Conservative thinker wrote in 1923, that to make democracy stable, the government needed to promote a property owing democracy, to meet the rise of socialism with constructive conservatism. Margaret Thatcher’s Right to Buy policy was one of the defining policies of her long tenure in Downing Street from 1979-90, aimed at…
After the 2008 financial crisis, when the critical attention shifted from the economy to the most fundamental feature of all market economies, money, 2022, is turning out to be the year that puts the politics back into the monetary policy, with the impending fight for the next Conservative party leader between Rishi Sunak and Liz…
BP, the energy giant has reported its biggest quarterly profit for 14 years after oil and gas prices soared, hitting £6.9 bn ($8.45bn) between April and June – more than triple the amount it made in the same period last year, amid a typical household energy bills been forecast to hit more than £3, 600…