Malta is looking increasingly like a Mafia State, but so is much of Europe.
Read here
Economics
Bill Mitchell – US Labour Market – cheering but it is too early to break out the champagne
The numbers filing for unemployment insurance continue to rise and now top 43.2 million since March 7, 2020. A further 1.9 million filed in the week ending May 30, 2020. Read here
EU politics
German Foreign Policy – Germany: The Culprit’s Law
Italy pays reparations for Germany’s Nazi war crimes, while Germany gets off scot-free. The German (“coalition of values”) government has successfully enforced “sovereign immunity” for Germany. Read HERE
Economics
Michael Roberts: Erdogan’s Turkey
A good summary of the acute economic problems currently facing Turkey. Read here Wikimedia Commons
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