Chairwoman of the US Federal Reserve Janet Yellen: “The recovery in the labour market is far from complete.” Photograph: Bloomberg

Janet Yellen has turned a cold shoulder to the pleas of emerging markets by signalling that only a domestic slowdown will influence US monetary(...)

Raghuram Rajan, India’s central bank governor, during  a Bloomberg TV  interview on January 30th, 2014. Mr Rajan warned that “industrial countries have to play a part in restoring”  global policy co-ordination. Photographer: Dhiraj Singh/Bloomberg

India’s central bank governor has hit out at the US and other industrialised countries for running selfish economic policies as their recovery lead(...)

UCD economist Morgan Kelly

Morgan KellyHailed now as the first economist in Ireland to sound an alarm about an impending financial crisis, Morgan Kelly was ridiculed for his art(...)

 Nouriel Roubini

Nouriel RoubiniThe Turkey-born US economist earned the nickname Dr Doom when he speculated as far back as 2005 that inflated house prices could sink t(...)

Traders work on the floor of the New York Stock Exchange on September 15th, 2008, the day 
as the bankruptcy filing by U.S. investment bank 
Lehman Brothers filed for bankruptcy.

The defining event of our century thus far has been the failure of the West’s financial system. The consequences – budgetary, economic, political, soc(...)

An East India Company one rupee coin dating back to 1835. REUTERS/Anindito Mukherjee

Five years ago the fast-growing Indian economy had added a record $92 billion to India’s foreign reserves in a single year. Conditions have since chan(...)