With regard to austerity for the people, the EU wields an iron fist. When it comes to banks it will bend over backward to be obliging and generous.
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Reuters: ECB mulls shelving rules tackling euro zone’s bad loans pile
Economics
Huffington Post: New York Activists Announce ‘Massive Wave’ Of Rent Strikes Starting May 1
The effort aims to pressure Gov. Andrew Cuomo to cancel rent for the duration of the coronavirus crisis, which has decimated the state’s economy. Read here
Economics
Frances Coppola: The Sorry State Of We
The We Company has now formally withdrawn the S-1 registration for the IPO it suspended two weeks ago. The proposed equity fundraising of about $3.5bn had been widely expected to fail after being universally panned […]
Geopolitics
antiwar.com: Israel Has Allowed Only a Fraction of the Agreed Upon Aid To Enter Gaza
The World Food Program has said food supplies entering Gaza are well below the target Read Article HERE
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