Oxford University Press

'Toxic' takes word-of-the-year crown

Stemming from the Ancient Greek word "toxikon," the English word "toxic" has been crowned as the word of year in 2018 by Oxford Dictionaries.

According to the dictionary, the word was the one that best captured the "ethos, mood, or preoccupations" of 2018. The word was judged to "have lasting potential as a term of cultural significance."

US 'could have forced a haircut,' says former IMF deputy director for Europe

"The fundamental reason why the Greek crisis lasted so long was the extreme level of austerity that was imposed." That is the verdict of Ashoka Mody, visiting professor in International Economic Policy at Princeton University, a former deputy director of the International Monetary Fund's European Department and one of the most eloquent critics of the policies of the troika in Greece and elsewhe

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