Backed into a corner as the banks reached the brink, the Greek prime minister may have fashioned some sort of success, and the prospect of something approaching debt relief a little down the line.
There is a widespread belief that the independence referendum stumbled across the elixir for dispelling longstanding voter apathy. In the areas where it matters most, it is just not true.
When considering US elections it pays to “follow the money” – and not just the campaign donations. Head to the bookies, not the polls, to see who’s really in with a shout.
The stricken bank offered a chance to remodel how we think about banking in Britain. Instead it should now provide a focus for anti-austerity protests.
A call to break with the leadership of Greece’s ruling party has highlighted the futility of debt-led austerity and the burden it places on people on the wrong side of a banker’s bad bet.
A digger maker and a banking giant have livened up the EU referendum debate this week. And they have marked out for David Cameron some tricky politics as Britain’s future in Europe comes to a head.
Whether you cheered the election result or were cast into a depression, it doesn’t really matter. The real power lies outside of Westminster, and outside of our control.
Joe Hockey’s first budget was a declaration of ideological belief. The second is about political survival and depends on breathing life back into the economy – the ideological urgency can wait.
The British Conservative government’s re-election is the latest and perhaps most startling electoral triumph for Australian political strategist Lynton Crosby. So how did he do it?
Markets were always likely to prefer a Conservative majority to any other result, but they might need some policies diluted for the gains to be sustained.
While pre-election polls got their sums wrong, and seemed to ignore biases in the rush to publish, a far more accurate call was being made in the betting shops of Britain.