Workers at the Amazon delivery hub in Hawthorne, California protest on May 1st against the failure of employers to provide adequate protection against the coronavirus . Photograph: Valerie Macon/AFP via Getty Images

One apparent silver lining to coronavirus is that it is a “great equaliser”, as New York’s governor, Andrew Cuomo, put it. Covid-19 can strike Wall S(...)

Theresa May: Michel Barnier has warned the PM that “without a customs union and outside the single market, barriers to trade in goods and services are unavoidable”. Photograph: Dan Kitwood/Getty

Businesses would be wise to start thinking about a Brexit plan B – along with plans C, D and E. Any confidence that the deal done in December to allow(...)

The think tanks report states clearly that “failed financial firms should not be bailed out by the taxpayers”. Photograph: Thierry Roge/Reuters

With new rules now in place on how distressed banks in the euro zone should be resolved in the future, a new report on the effectiveness of these bail(...)

The IMF estimates the size of Italy’s bad loan pile to be €360 billion – or about a third of the total amount in the euro zone. Photograph: AFP

In Italy, where two decades of economic stagnation have created a long line of barely breathing companies, Feltrinelli, one of the country’s largest b(...)

The mortgage measures, she said, are designed to act as ‘a restraint on excessive repayment burdens’

The scale of the Republic’s financial crisis would have been “much more limited” had the Central Bank’s mortgage rules been in place 15 years ago, the(...)

Protesters, many against the so-called fast track trade authority of the TTP trade agreement, rally outside a hotel where US President Barack Obama held a meeting in Portland, Oregon last week. REUTERS/Jonathan Ernst

Should proposed US plurilateral trade agreements be welcomed? This is a big question, not least for those who consider the liberalisation of world tra(...)

Greek myths: A sixth myth is that if Greece defaults, it would have to create a new currency and so leave the eurozone.

The Greek epic continues. It will not end well if the people involved do not recognise they are clinging on to myths. Here are six, each of which pose(...)

Thousands attend an anti-austerity protest at Merrion Square in Dublin: fading memories of the crisis will make it politically difficult to sustain fiscal discipline to cut national debt. Photograph: Dara Mac Dónaill

The Fiscal Council can hardly have expected garlands for dishing out smelling salts over the budget – the body was not set up to court popularity. And(...)

The United States and the European Union, after nearly two years of preparation, start talks today aimed at securing a free-trade agreement.

The United States and the European Union, after nearly two years of preparation, start talks today aimed at securing a free-trade agreement to squeeze(...)