John Maynard Keynes

The end of a cycle

History tells us that a cycle began nearly half a century ago, in the late 1970s, following two consecutive oil crises and the appearance of stagflation. It was marked by the withdrawal of Keynesian economic management and, more importantly, by the erosion of society's trust in the complex democratic institutions it had managed to build.

ByLock use is an evidence of Gülen network links: Owner

The usage of ByLock, an encrypted messaging application that is said to have been used by members of the Gülen Movement under U.S.-based Islamic preacher Fethullah Gülen, who is accused of orchestrating the failed coup attempt of July 15, could show evidence of links to Gülen, according to a Turkish-origin U.S. citizen, who has been revealed to be the patent holder for the app.

Owner of alleged Gülenist messaging app ByLock revealed in US

A Turkish-origin U.S. citizen has been revealed to be the patent holder of ByLock, an encrypted messaging application that is said to have been used by members of the Gülen Movement under U.S.-based Islamic preacher Fethullah Gülen, who was accused of orchestrating the failed coup attempt of July 15.

Varoufakis: Greece reliving the Great Depression

Never one to eschew the dramatic, FinMin Yanis Varoufakis likened the current situation in (still) recession-plagued Greece with the Great Depression of the 1930s.

In his speech at the Greek-French Chamber, as long as a political solution is delayed, the recession will wear down the common currency and turn the peoples of Europe against each other.