Prem Sikka explains how a company can make billions in profit, but book a loss at the end of the year, thus paying no taxes.
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Prem Sikka: Here’s how Caffe Nero made £2bn in sales but didn’t pay a penny in corporation tax
Geopolitics
Politico – Workers stage massive strike across Italy in support of Gaza
Something’s changing in the willingness of ordinary people in Europe to take action over the Gaza genocide. Read the article HERE.
Finance
Bill Mitchell: Bank of Japan has not shifted direction on monetary policy
The hysteria surrounding the decision by the Bank of Japan (released December 19, 2022) to make a minor adjustment to its yield curve control ceiling on Japanese government 10-year bonds has been predictable but uninformed […]
EU politics
Luke Stobart: Catalonia’s Independence Struggle Has Deep Roots
Review of A People’s History of Catalonia by Michael Eaude (Pluto Press, 2022). Read the article HERE.
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