In Germany long-term price stability has meant suppression of wages. This has enabled its mercantilist policy, which has been so disastrous for the euro-nations.
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Economics
ShareCast: Blackrock doubles Russian Polymetal stake as investors flee over sanctions
Private equity giant Blackrock has taken a punt on beleaguered Russian gold miner Polymetal, doubling its stake to just over 10% even as the stock takes a battering from sanctions imposed against Moscow. Read Here
EU politics
Kyiv Independent: ‘Full sanctions exemption’ granted as Orban meets Trump in Washington to discuss Russian oil, war against Ukraine
Hungarian Prime Minister Viktor Orban arrived at the White House on Nov. 7 to meet with U.S. President Donald Trump, with Budapest seeking an exemption from recent sanctions targeting Russia’s oil sector. Read Article HERE […]
Economics
Reuters: Lira plunges more than 7% as Turkey edges towards free market
Erdogan seems to be responding to his election victory by retreating towards more ‘orthodox’ macroeconomic policies. Read the article HERE.
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