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Chancellor Gerhard Schröder told a special investigation committee of the Parliament that allegations that the government distorted economic data in last fall's elections were groundless.
The Home Office is using misleading and biased information to decide the fate of Eritrean asylum seekers, an independent report has found, as its author claims the government distorted evidence to make it easier to reject them.
He said six months of accusations that his government distorted intelligence in taking the country to war "is itself the real lie -- I simply ask that those who made it and repeated it withdraw it".
Prime Minister Tony Blair, President Bush's chief ally in the war in Iraq, told a boisterous session of the House of Commons today that charges that the government distorted spy reports to exaggerate the threat of unconventional weapons and justify the war were false.
The unpopular war in Iraq, the failure to find the banned weapons there that Mr. Blair said justified military action and the suspicions that his government distorted intelligence to exaggerate the threat to Britain, all these developments have forced Mr. Blair to watch his popularity and his credibility sink.
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If the intelligence is wrong, or the government distorts it, the United States will squander its credibility.
Mortgage debt in America is now $5.1 trillion, up from $3.4 trillion in 1995.Giant mortgage lenders, in effect guaranteed by government, distort the economy's allocation of capital, argues Bert Ely, a Washington-based economist.
The RepuTex modelling also found the economics of the national electricity market no longer supported traditional baseload generation – such as coal power plants that were unable to respond flexibly to demand – and so they would not be built without the government distorting the market.
Instead, they object to what they view as outsize financial support that the three Middle East carriers receive from their governments, distorting the rules of the game.
Jacobs's analysis explains, for example, why church and military officials – historically guardian structures – conceal internal abuses or why governments distort science when they dictate where and how it should be financed.
Regulators' favorable treatment of sovereign debt "is like a subsidy by which the governments distort banking decisions, making banks more inclined to finance government debt than engage in their core business," Mr. Konrad and Mr. Zschäpitz wrote in the article, published by the Ifo Institute for Economic Research in Munich.
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Justyna Jupowicz-Kozak
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