Hamish McRae

One of the country’s most respected financial journalists and commentators Hamish McRae is an associate editor of The Independent. He was named Business and Finance Journalist of the Year 2006 at the British Press Awards.

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Zero inflation is great (so long as you're not in government)

Victorians enjoyed higher living standards without price rises. Maybe the 20th century was an aberration

The UK residential property market outstripped its US counterpart, despite Wall Street outperforming the FTSE 100 since its last peak

Hamish McRae: Does it matter it took 15 years for the FTSE 100 to hit this level?

Markets at the turn of the millennium were overpriced - it was the height of the dotcom boom

Even Janet Yellen, America’s most powerful banker, can not defy the trend on interest rates

America sets the economic tune and Britain will eventually dance to it

It is clear that the Fed will be competently and wisely led by Janet Yellen. We should be thankful

Germany refused to grant Greece’s request of six months’ grace on its loans and a rapid rolling back of austerity measures, instead accepting the belated compromise of a four-month extension

Greek bailout: Money always finds a market, come what may in Greece or Syria

Power versus opportunity: politicians' priorities seldom match those of the big financial managers

Hamish McRae: The economy is booming – but is the growth sustainable?

Economic View: How do people manage to spend more if they are not earning more? We don't know the full answer

Greece bailout: The shadow of US economic supremacy looms over negotiations

There will probably be a deal, but if there isn't, there will be a strong effort to keep the country in the euro

Janet Yellen is set to repeat her first triumphant year as chair of the US Federal Reserve board

Maintaining America's economic recovery will be tricky, as interest rates are expected to increase by June

Employees work inside a limestone powder factory in an industrial area in Mumbai

Hamish McRae: India's growth is outpacing China's. What happens next affects us all

Economic View: India's GDP per head is only about one-fifth that of China, so it can grow faster for longer

Would it matter to the world - or Europe - if Greece left the euro?

For those of us who know and love Greece, the human side matters more

We don't have to love our debts, but we do have to live with them

A new report puts the UK in the middle of the global indebtedness league, a table no one wants to top

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Day In a Page

The difference between America and Israel? There isn’t one

The difference between America and Israel? There isn’t one

Netanyahu knows he can get away with anything in America, says Robert Fisk
Families clubbing together to build their own affordable accommodation

Do It Yourself approach to securing a new house

Community land trusts marking a new trend for taking the initiative away from developers
Head of WWF UK: We didn’t send Cameron to the Arctic to see green ideas freeze

David Nussbaum: We didn’t send Cameron to the Arctic to see green ideas freeze

The head of WWF UK remains sanguine despite the Government’s failure to live up to its pledges on the environment
Author Kazuo Ishiguro on being inspired by shoot-outs and samurai

Author Kazuo Ishiguro on being inspired by shoot-outs and samurai

Set in a mythologised 5th-century Britain, ‘The Buried Giant’ is a strange beast
With money, corruption and drugs, this monk fears Buddhism in Thailand is a ‘poisoned fruit’

Money, corruption and drugs

The monk who fears Buddhism in Thailand is a ‘poisoned fruit’
America's first slavery museum established at Django Unchained plantation - 150 years after slavery outlawed

150 years after it was outlawed...

... America's first slavery museum is established in Louisiana
Kelly Clarkson: How I snubbed Simon Cowell and become a Grammy-winning superstar

Kelly Clarkson: How I snubbed Simon Cowell and become a Grammy-winning superstar

The first 'American Idol' winner on how she manages to remain her own woman – Jane Austen fascination and all
Tony Oursler on exploring our uneasy relationship with technology with his new show

You won't believe your eyes

Tony Oursler's new show explores our uneasy relationship with technology. He's one of a growing number of artists with that preoccupation
Ian Herbert: Peter Moores must go. He should never have been brought back to fail again

Moores must go. He should never have been brought back to fail again

The England coach leaves players to find solutions - which makes you wonder where he adds value, says Ian Herbert
War with Isis: Fears that the looming battle for Mosul will unleash 'a million refugees'

The battle for Mosul will unleash 'a million refugees'

Aid agencies prepare for vast exodus following planned Iraqi offensive against the Isis-held city, reports Patrick Cockburn
Yvette Cooper: We can't lose the election. There's too much on the line

Yvette Cooper: We can't lose the election. There's too much on the line

The shadow Home Secretary on fighting radical Islam, protecting children, and why anyone in Labour who's thinking beyond May must 'sort themselves out'
A bad week for the Greens: Leader Natalie Bennett's 'car crash' radio interview is followed by Brighton council's failure to set a budget due to infighting

It's not easy being Green

After a bad week in which its leader had a public meltdown and its only city council couldn't agree on a budget vote, what next for the alternative party? It's over to Caroline Lucas to find out
Gorillas nearly missed: BBC producers didn't want to broadcast Sir David Attenborough's famed Rwandan encounter

Gorillas nearly missed

BBC producers didn't want to broadcast Sir David Attenborough's famed Rwandan encounter
Downton Abbey effect sees impoverished Italian nobles inspired to open their doors to paying guests for up to €650 a night

The Downton Abbey effect

Impoverished Italian nobles are opening their doors to paying guests, inspired by the TV drama
China's wild panda numbers have increased by 17% since 2003, new census reveals

China's wild panda numbers on the up

New census reveals 17% since 2003