Last week UK Chancellor Jeremy Hunt unveiled an emergency budget to plug the £55 billion black hole in the nation’s finances. He accepted that the last seven years of growth would be erased and that the country will remain in recession for up to two years., writes Philip Bushill-Matthews . In the circumstances he had little…
The European Economic and Social Committee (EESC) says it supports the European Central Bank (ECB) in its assessment of the risks and benefits of introducing a digital euro. The EESC believes the adoption of a digital euro will benefit everyone in the euro area by making payment transactions quicker and more efficient, but financial and…
The European Economic and Social Committee (EESC) has this week debated the way to improve women’s participation in the labour market with EP Vice-President Evelyn Regner. Following the debate, the EESC plenary adopted two opinions with recommendations for making EU legislation more effective in promoting women’s empowerment and supporting the societal role of family caregivers. …
On 27 October, President Xi Jinping said that China should develop dialogue with the West on equal terms. By the word “West”, the Chinese Secretary General meant the United States, and in fact confirmed Beijing’s focus on the formation of a bipolar world in which China will become a superpower. Earlier, on 25 October, President…
Asia is gaining momentum. The time has come to launch international mechanisms, which, before that, were created and regulated for almost 30 years, to turn them into a single structure. Clear, stable and running smoothly. Considering the fact that the world situation is now in dire need of this. These meetings on the…
The world is going through a difficult period. As a result of increased international competition, contradictions in the field of global security have deepened, which has led to many sanctions restrictions on trade. This has a devastating effect on trade flows and international value chains, writes Obid Khakimov. As the President of Uzbekistan Shavkat Mirziyoyev…
A possible ban by the EU on goods from China which may have been produced or sourced from forced labour has been welcomed by a leading human rights group. The ban is thought to being considered by the European Commission as a response to growing concern about alleged rights abuses in China. Critics of the…
Eurogroup president Paschal Donohue has praised the “brave people of Ukraine” He spoke after meeting the treasury secretary of the U.S. Afterwards, the Irishman said, “The meeting that we had had one item on the agenda. “That item was the transatlantic macroeconomic outlook and risks. And understandably, this discussion here today focused on the respective…
The European Commission has announced a series of measures to continue supporting those fleeing what it calls “the unprovoked Russian aggression.” A new online job-search tool launched on Monday will help people fleeing Russia’s invasion of Ukraine to successfully find a job in the European Union. After registering with the EU Talent Pool pilot initiative, those under…
Boris promised us that Brexit would mean we would have our cake and eat it. Liz Truss, keen on growth, has pledged to increase the size of the pie. Meanwhile, thanks to both of them, the nation is now in the soup! writes Philip Bushill Matthews. It is nearly 50 years since the country had…
