What’s wrong with functional finance?

Paul Krugman explains why he is not a full believer in Abba Lerner’s 'functional finance' doctrine

Myanmar Army chief Senior General Min Aung Hlaing. Reuters

Myanmar army chief denies persecution

Min Aung Hlaing casts doubt on Rohingyas’ accounts of abuses by his force

New York Police Department detectives examine bullet holes at a cellphone store where a fellow officer responding to an armed robbery was killed by friendly fire the night before, in Queens, Feb 13, 2019. Detective Brian Simonsen, a 19-year veteran, is the first NYPD officer killed in the line of duty since July 2017. The New York Times

Why 42 shots to bring down a suspect?

Questions raised after police fusillade in New York's Queens claimed the life of a veteran detective and wounded a sergeant

A man carries flowers in the rain in the flower district on Valentine's Day in Los Angeles, California, US, Feb 14, 2019. REUTERS

Monster mudslides as storm punishes California

Motorists swam, residents were pulled out of homes sliding downhill in the wettest winter storm of the year

Britain's Prime Minister Theresa May is pictured outside the Houses of Parliament, in London. REUTERS

More Brexit embarrassment for May

Hardline Brexiteers hand the UK PM an embarrassing, albeit symbolic, defeat in parliament as she tries to renegotiate deal with EU

An undated photo of the atrium of a house with a fresco portraying the mythological hunter Narcissus, right, in Pompeii, near Naples, Italy. The New York Times

Fresco of mythical narcissus found in Pompeii

This fresco, probably dated to the last years of the colony, depicting a story: The hunter who fell in love with his reflection in a pool

FILE PHOTO: 3D printed Apple logo are seen in front of a displayed cyber code in this illustration taken on Feb 26, 2016. REUTERS

Pirates putting hacked apps on iPhones

They hijacked tech from Apple to distribute hacked versions of Spotify, Angry Birds, Pokemon Go, Minecraft and more

A young survivor of the February 2017 fire at a youth shelter rests at her home near Guatemala City on Oct 30, 2018. She has burns over 95 percent of her body and hardly goes outside anymore to avoid the stares and teasing from other children. The New York Times

A locked door, fire and death of 41 girls

It was the culmination of a long history of abuse at a government-run home in Guatemala

Blog

Turag filling: 2 real estate officials arrested

They are charged with illegally filling the river

An aerial photo of police and emergency vehicles parked in a lot adjacent to a warehouse at the scene of a mass shooting involving multiply casualties in Aurora, Illinois, US, Feb 15, 2019. Bev Horne/Daily Herald/via REUTERS

Five killed in US shooting

Gunman wounded five police officers before he was slain at a manufacturing warehouse in Aurora, Illinois

Lady Gaga, Jennifer Lopez, Alicia Keys, former first lady Michelle Obama and Jada Pinkett Smith. 61st Grammy Awards - Show - Los Angeles, California, US, February 10, 2019. Reuters

Michelle Obama stuns Grammys audience

She walks onto the stage hand-in-hand with Lady Gaga, Jada Pinkett Smith and Jennifer Lopez