Having barely emerged from recession, the European economy is showing negligible growth and, by all accounts, is on the verge of entering a deflationary spiral. A situation similar to that in Japan, which lost two decades of no economic progress. It is time for tough measures from the ECB, warn world-renowned financial analysts and …

Shika Dalmia The days when countries vied with each other for the national (dis)honor of spending their budgets to host the Olympics – or at least the Winter Olympics – may be fast passing. Why any normal city would even want to host these games is a mystery, given …