Few British budgets have mattered as much as the one that Philip Hammond will deliver to the House of Commons on Nov. 22. The chancellor of the exchequer must shore up Theresa May’s perilously shaky government ahead of a vital Brexit summit of European leaders in mid-December. At the same time Hammond has to keep a grip on the public finances. But the gravest challenge he faces is economic: Britain’s persistent productivity blight.
In almost every country in Europe, parties of the center-left struggle to remain competitive in the political arena. Yet social democracy - though it can claim success in creating and developing public services which have improved the lives and health of citizens - can now rarely convince its former supporters that it’s still worth their votes.
The speed of events in Zimbabwe this week has taken even experienced Africa watchers by surprise. An effective army takeover; President Robert Mugabe placed under house arrest and his wife – and would-be successor – reportedly fleeing the country.
Ever since The New York Times and The New Yorker published the accounts of dozens of women accusing Harvey Weinstein of sexual harassment and assault, the social and political tides seem to be turning. More women (and a few men) have spoken out against Hollywood and media luminaries, business giants and, most recently, Alabama Senate candidate Roy Moore.
LONDON As the debate over wealth inequality rages, a paradox is expected to play out over the next five years: the share of people in the lowest strata will decline, while the wealth of the world's richest will grow faster than any other group.
Great Britain – ever ready to boast stable politics and a faultless, often-called “Rolls Royce” civil service – is in a mess. Between scandals over sex, secret meetings, political donors and the royal family, the government is melting down.
LONDON Germany and Spain have been the drivers of euro zone growth over the last couple of years, but it's France and Italy steering the "Euroboom" into 2018.
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