Between the lines

Oh the irony. There must be many cynical readers of the various wires from Bloomberg, Reuters, The F.T etc who chuckled when they read the criticism of the poker site Full Tilt Poker. An indictment has accused three Internet poker companies; Full Tilt Poker, Absolute Poker and PokerStars and 11 people, including Full Tilt director […]

The outstanding news event of the day was undoubtedly the revelation that major central banks around the world will now cooperate to offer three-month U.S. dollar loans to major commercial banks in order to ensure that money markets won’t ‘freeze’ as a consequence of Europe’s sovereign debt crisis. This co-ordinated and concerted effort could have

The twists and turns of the Euroland crisis are happening on an hourly basis. Greece (once again) is apparently the big issue. However, it’s fairly certain that the banks the ECB have announced it’s lending dollars to tomorrow will not be Greek. That’s not a typo, the ECB is lending dollars to two European banks,

[quote]Any strategy to reduce intergenerational poverty has to be centred on work, not welfare, not only because work provides independence and income but also because work provides order, structure, dignity, and opportunities for growth in people’s lives – Barack Obama..[/quote] Using percentage figures to describe the predicaments of unfortunate sections of society often hides and