The issue of regions looking for independence from their current nation states is in the news at the moment. From certain US states to Scotland and Catalonia the case is being made that they would be better to go it alone, but just how would this work out in practice, and how likely is it [...]

Despite promises to reach a deal yesterday, the world is still waiting for the White House and Congress to reach a compromise on a deal to raise the US debt ceiling. The US government currently owes $14.3tn (£8.7tn) to various countries and investors, however if they fail to raise the debt ceiling by the 2nd [...]