Inching towards default in Europe | by James Meadway

Inching towards default in Europe | by James Meadway

EU ministers have delayed payment of an €8bn loan disbursal to Greece after the PASOK government admitted it would not meet deficit targets. Without the money, the Greek state may not be able to pay its workers over the next month. These targets were set as part of...

Nuclear power for South Africa? | by Peter Becker

The South African government is planning to order six nuclear reactors at an estimated cost of R1 trillion. What would the consequences of this be?Before we can understand this, we need to have some other plan to compare it to, which requires an understanding of how...