A caricature depicts Greek prime minister Alexis Tsipras  and German Chancellor Angela Merkel during the traditional rosemonday carnival parade in the western German city of Duesseldorf. Photogaraph. AFP/Getty Images

I am very pleased that Germany’s chancellor, Angela Merkel, and Greece’s prime minister, Alexis Tsipras, took my advice about the need for compromise.(...)

Janet Yellen, of the US Federal Reserve: playing   cards close to her chest. Photograph: Andrew Harrer/Bloomberg

The US Federal Reserve’s Federal Open Market Committee will make an interest rate decision at a critical meeting on Wednesday. While rates are expecte(...)

The United States is now adding jobs at a rate not seen since the Clinton years. Photograph: Bryan O’Brien/The Irish Times

Six years ago, Paul Ryan, who has since become the chairman of the US House Ways and Means Committee and the GOP’s leading voice on matters economic, (...)

‘They are the ones most affected by cutbacks in resources, or services such as guidance counselling. Yet the Government continues to deny the effects of such cutbacks.’ Photograph: Getty Images

The current debate about the Junior Cert conceals a far deeper problem. We have not had a serious public discussion about the aims of education. It us(...)

 Barack Obama: it goes without saying the president’s fiscal proposals will be attacked by Republicans. Photograph: John Gress/Reuters

By the time you read this President Barack Obama will have called for a significant increase in spending, reversing the harsh cuts of the past few yea(...)

Incoming Greek prime minister  Alexis Tsipras is being far more realistic about austerity and growth than European officials who want the beatings to continue until morale improves. Photograph: Michael Kappeler/EPA

Alexis Tsipras, leader of the left-wing Syriza coalition, has become prime minister of Greece. He is the first European leader elected on an explicit(...)

President Barack Obama. ‘Now that he’s presiding over unexpected economic strength [his critics] can’t just turn around and assert his irrelevance.’ Photograph: J Scott Applewhite/AP Photo

Suddenly, or so it seems, the US economy is looking better. Things have been looking up for a while, but at this point the signs of improvement – j(...)

Economist Thomas Piketty: President François Hollande’s government “would do better to focus on reviving growth in France and Europe”. Photograph: Bart Maat/EPA

France’s star economist Thomas Piketty, who shot to fame and topped best- seller lists last year with his controversial book on wealth and inequality,(...)

 A file photograph of French economist Thomas Piketty who has said  he will not accept the Legion d’honneur - his country’s highest award. Photograph: Pontus Lundahl/EPA.

France’s star economist Thomas Piketty has declined the country’s highest award, the Legion d’Honneur, local media said on Thursday.Mr Piketty (43) (...)

German chancellor Angela Merkel and German minister of finance Wolfgang Schaeuble. EPA/RAINER JENSEN

The US economy seems to be climbing out of the hole it entered during the financial crisis. Unfortunately Europe can’t say the same. Unemployment in t(...)