Economic lookahead: w/c 12 March

Unemployment figures released, second Greek bailout discussed, and goldbugs debating at the IEA.

Monday

  • Eurozone finance ministers meet, and are expected to approve the second Greek bailout now that the country has fulfilled it requirements by convincing creditors to drop more than €100bn of debt'
  • UN World Water Development Report says demand for water is threatening all major development targets.
  • World Travel & Tourism Council say that air passenger duty is costing the UK economy billions.
  • Centre for Economics & Business Research blame rising commodity prices for a fall in real disposeable income in the UK.
  • FSB's Voice of Small Business Index released.

 

Tuesday

  • Annual review of the inflation basket. Previous years have seen the introduction of Blu-ray players and flatscreen TV's, and the merging of "women's trousers" and "women's skirts".
  • OECD harmonised unemployment rates; released the day before the UK's own unemployment figures, these serve as a useful international comparator.
  • Department for Communities and Local Government release their house price index. The only government-collated house price index, these will be the figures to use to examine the NewBuy program.
  • ONS releases the UK trade figures.

 

Wednesday

  • UK unemployment figures released. Expected to show a rise in unemployment and youth unemployment.
  • Mark Hoban, Financial Secretary, will be up in front of the European Scrutiny Committee talking about the eurozone debt crisis.
  • Consumer Credit Counselling Service will release their annual statistical yearbook. Personal debt has fallen out of the spotlight, but there's growing consensus that if there is another debt crisis, this is the sector it will fall upon.
  • Lord Turner, chairman of the FSA, will interviewed by the Treasury Select Committee about mortgages.

 

Thursday

  • OECD launch their report on the medium term environmental outlook.
  • IEA host a discussion on the return to the gold standard, 6:30pm, London.
  • Debate on lowering the price of motherhood at the Resolution Foundation, 10:30am, London.
  • IMF board to discuss the second Greek bailout.

 

Friday

  • Financial policy committee of the Bank of England to meet.
  • Japan releases its monthly economic report.

 

The basket of goods which determines inflation is set to change. Credit: Getty

Alex Hern is a technology reporter for the Guardian. He was formerly staff writer at the New Statesman. You should follow Alex on Twitter.

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Hillary Clinton can take down the Donald Trump bogeyman - but she's up against the real thing

Donald Trump still has time to transform. 

Eight years later than hoped, Hillary Clinton finally ascended to the stage at the Democratic National Convention and accepted the nomination for President. 

Like her cheerleaders, the Obamas, she was strongest when addressing the invisible bogeyman - her rival for President, Donald Trump. 

Clinton looked the commander in chief when she dissed The Donald's claims to expertise on terrorism. 

Now Donald Trump says, and this is a quote, "I know more about ISIS than the generals do"

No, Donald, you don't.

He thinks that he knows more than our military because he claimed our armed forces are "a disaster."

Well, I've had the privilege to work closely with our troops and our veterans for many years.

Trump boasted that he alone could fix America. "Isn't he forgetting?" she asked:

Troops on the front lines. Police officers and fire fighters who run toward danger. Doctors and nurses who care for us. Teachers who change lives. Entrepreneurs who see possibilities in every problem.

Clinton's message was clear: I'm a team player. She praised supporters of her former rival for the nomination, Bernie Sanders, and concluded her takedown of Trump's ability as a fixer by declaring: "Americans don't say: 'I alone can fix it.' We say: 'We'll fix it together.'"

Being the opposite of Trump suits Clinton. As she acknowledged in her speech, she is not a natural public performer. But her cool, policy-packed speech served as a rebuke to Trump. She is most convincing when serious, and luckily that sets her apart from her rival. 

The Trump in the room with her at the convention was a boorish caricature, a man who describes women as pigs. "There is no other Donald Trump," she said. "This is it."

Clinton and her supporters are right to focus on personality. When it comes to the nuclear button, most fair-minded people on both left and right would prefer to give the decision to a rational, experienced character over one who enjoys a good explosion. 

But the fact is, outside of the convention arena, Trump still controls the narrative on Trump.

Trump has previously stated clearly his aim to "pivot" to the centre. He has declared that he can change "to anything I want to change to".  In his own speech, Trump forewent his usual diatribe for statistics about African-American children in poverty. He talked about embracing "crying mothers", "laid-off factory workers" and making sure "all of our kids are treated equally". His wife Melania opted for a speech so mainstream it was said to be borrowed from Michelle Obama. 

His personal attacks have also narrowed. Where once his Twitter feed was spattered with references to "lying Ted Cruz" and "little Marco Rubio", now the bile is focused on one person: "crooked Hillary Clinton". Just as Clinton defines herself against a caricature of him, so Trump is defining himself against one of her. 

Trump may not be able to maintain a more moderate image - at a press conference after his speech, he lashed out at his former rival, Ted Cruz. But if he can tone down his rhetoric until November, he will no longer be the bogeyman Clinton can shine so brilliantly against.