Egregious rates of exploitation, inequality and poverty are not in the interests of at least parts of capital. They want some redistribution and a solution to the cost of living crisis not because of a fit of morality but because they are a self-preservation society.
EU politics
Euractiv: German foreign minister’s China visit postponed amid tensions
Germany is painting itself into a corner with its moral posturing Read article HERE In Asia no one wants to shake Wadephul’s hand Photo: Wikimedia
Economics
S&P Global: UK Economy Crashing into Recession – Inflation may slow
Key findings:Flash UK PMI Composite Output Index(1) at 50.9 (Jul:52.1). 18–month low.Flash UK Services PMI Business Activity Index(2) at52.5 (Jul: 52.6). 18–month low.Flash UK Manufacturing Output Index(3) at 42.4(Jul: 48.9). 27–month low.Flash UK Manufacturing PMI(4) […]
Corruption
The Guardian: Cyprus ‘selling’ EU citizenship to super rich of Russia and Ukraine
While hundreds of thousands of refugees risk their lives to reach the safety of Europe and hope to be allowed to remain, others fly in in their private jets and purchase EU citizenship Read here […]
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