Martin Wolf

56 results

Migrants gaze out of a train window in Coratia. In deciding what to do, the EU must draw a distinction between refugees and immigrants. Countries have legal and moral obligations to refugees. They do not have such obligations to other immigrants. Photograph: Marko Djurica/Reuters

The last thing the EU wanted to deal with was a tide of refugees. The euro zone crisis, the struggle with Russia over Ukraine and the UK’s decision to(...)

Paper tiger money: there is a plausible, if not universally accepted, understanding that China’s growth is overstated by official statistics and may be as low as 4 per cent.  Photograph: Jason Lee/Reuters

Is a global economic recession likely? If so, what might trigger it? Willem Buiter, Citi’s chief economist and the Financial Times’ erstwhile Mavereco(...)

The US Federal Reserve building in Washington, DC.  Photograph: Getty

How close is the US Federal Reserve to normalising monetary policy? This was the question addressed by Stanley Fischer, vice-chairman, at the Jackson (...)

Incentives and innovation could be the best way to ensure carbon-free technologies are competitive with fossil fuels. Photograph: Reuters

Every silver lining has a cloud. The technologies that offer human beings comforts and opportunities that would have been unimaginable two centuries a(...)

Michael O’Leary of Ryanair: businessman is attending the 63rd Bilderberg, which takes  place near the Austrian Tyrol town of Telfs, 40km down the road from where the G7 meeting took place. Photograph: Niall Carson/PA Wire

Ryanair chief Michael O’Leary and Peter Sutherland, chairman of Goldman Sachs International, will fly the flag for Ireland at this year’s Bilderberg, (...)

World leaders at the G7 summit in Germany: we should be sceptical of their commitments to climate action as we have heard them for nearly a quarter ofa century. Photograph: Markus Schreibe/AP

Is there any significant likelihood that policy action will eliminate the risk of climate disaster? At present, the answer is no. This is so, even tho(...)

Greek prime minister Alexis Tsipras has accused bailout monitors of making “absurd” demands. Photograph: Kostas Tsironis/Bloomberg

What is going to happen with Greece? Nobody knows. That does not mean nobody cares. On the contrary people care passionately, in directly conflicting (...)

‘It is possible to have too much finance. More importantly, significant economies are in this position, among them Japan and the US.’ Photograph: Getty Images/iStockphoto

Is it possible to have too much finance? Harmed by the aftermath of financial crises, enraged by bailouts of financial institutions, irritated by t(...)

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(...)

A street vendor selling Greek shadow-puppet theatre figures  in Athens: Greece remains internationally uncompetitive, as shown by the sluggishness of its exports. Photograph: Kostas Tsironis/Reuters

Since the election of Greece’s Syriza-led government, negotiations over its place in Europe have gone terribly, with posturing on one side and anno(...)

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