February 9, 2025
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Business

A political fog on eurozone reform — courtesy of Paris and Berlin

Political Economy is a column about the intersection of economics, finance and politics across Europe. PARIS — A European institution that hasn’t been used much for three years has become a showcase of the political hypocrisies surrounding talks to reform the eurozone. The bloc’s bailout fund
Business

Broadway Review: A Glorious, Timely Revival Of ‘Once On This Island’

[embedded content]Joan Marcus A joyful noise thunders through Circle in the Square theater, as Broadway welcomes a smashing revival of Once On This Island. Michael Arden’s exuberant staging of this 1990 musical fairy tale set on a Caribbean island conjures a spell that is devastatingly timely yet affectingly timeless in its evocation of how love goes when the indifferent,
Business

NFL Anthem Protests Week 13 – $100 Million Bribe Won’t Stop Kneeling

REX/Shutterstock Neither snow nor rain nor heat nor gloom of night — or, apparently, $100 million – will stay the National Football League’s protesters from the swift completion of their appointed tasks. This week, a league that has tried just about everything from negotiating to pleading to offering reasonable alternatives to insulting the players did a true Hail Mary –
Business

Co-op sells food after ‘best before’ dates in waste crackdown

The Co-op will become the first major retailer to sell food beyond its "best before" dates. The chain's 125 stores in the East of England will sell dried foods and tinned products for just 10p in a bid to cut food waste. WRAP, the waste and recycling advisory body, said the Co-op's "bold" move complied with food safety standards. The UK throws away 7.3
Business

Brexit impact on UK pharma industry to be investigated

Brexit may affect the cost of medicines and hit UK pharmaceutical investment, a Commons committee head has warned. Rachel Reeves, who chairs the Business, Energy and Industrial Strategy (BEIS) committee, says access to new medical products may also be at risk. She said the uncertainty around Brexit was "very concerning", as MPs prepare to examine its effects on the
Business

Are Saturday jobs less popular among children now?

A Saturday job used to be a rite of passage for many children, but pressure to succeed at school and other factors means that's no longer the case. The number of school children with a part-time job has fallen by a fifth in the past five years, new figures show. The findings come from a Freedom of Information (FOI) request to all local authorities across the UK
Business

Social mobility chiefs quit saying government is distracted by Brexit

The head of the UK's Social Mobility Commission, Alan Milburn, has stood down, saying the government is not committed to promoting equality and has become preoccupied by Brexit. All four of members of the board of the commission have decided to stand down, including former Conservative cabinet minister Baroness Shephard. Milburn said this morning that the government
Business

John McDonnell says nationalisation will be “cost free”

Shadow chancellor John McDonnell said this morning that Labour's nationalisation programme will be "cost free". Speaking on Sky News, McDonnell defended Labour's plans to take over key industries, repeating his claim that the policy will pay for itself. Read more: John McDonnell slammed for refusing to cost Labour's nationalisation plans The Labour party
Business

Flying higher and faster: Bitcoin blasts past $11,700

Published time: 3 Dec, 2017 12:25 Edited time: 3 Dec, 2017 12:42 The new age cryptocurrency bitcoin which has been on a record-breaking bull run has done it again, hitting $11,700. The digital currency broke through both $10,000 and $11,000 levels this week for the first time. The cryptocurrency has been smashing symbolic price barriers every few days, slightly