Ukraine has always been an exceptionally corrupt nation, so this cannot come as a surprise.
Read HERE
Economics
Steve Keen: Ricardo’s Vice and the Virtues of Industrial Diversity
Debunking a typical economist error of composition: specialization may be good for you, but not for us. Complex diversity wins. Read here
Finance
Bloomberg: Ex-HSBC Banker Pleads Guilty in $1.8 Billion French Tax Case
The former chief executive officer of HSBC Holdings Plc’s Swiss private bank pleaded guilty to helping wealthy clients hide assets worth at least 1.6 billion euros ($1.8 billion) as French prosecutors flex their muscles to […]
EU politics
Reuters: Furor erupts in Italy over euro zone bailout fund reform
Proposals to reform the euro zone’s bailout fund are creating a political storm in Italy, where parties and institutions are battling over whether Rome should try to block the reform at the EU level. Read […]
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