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The time for talk is over: Europe’s politicians need to act fast in order to solve the ongoing ﬁnancial crisis in the eurozone
“Great month in Oz – beautiful country, gtreAT [sic] people but with large problems,” declared the 84-year-old media mogul in the first of a series of tweets.Read more
Yesterday a colleague asked me what I’m planning to write my next column about – “The migrant crisis”, I said. “Why are we calling them migrants”, he replied. “Why don’t we call them refugees?” It’s a good question and one that has been exercising many commentators. Al-Jazeera, for example, has already said that it will not use the word “migrant” since that implies a choice to move country. The correct term, they argue, is “refugee” – since most of the people on the move are in fear of their lives. David Miliband, the former British foreign secretary and now head of the International Rescue Committee, makes the same argument. He says that the word migrant “suggests these people are voluntarily fleeing, whereas in fact, if you’ve been barrel-bombed out of your home three times, life and limb demand that you flee.” The FT, however, is still running headlines about the “migrant crisis”. So are we wrong? I don’t think so.Read more
The European Central Bank kept rates on hold as expected and downgraded its inflation and growth forecasts, as Mario Draghi adopted a more dovish tone in his press conference.Read more