French and German banks have more than $400 billion at stake and would lose big if the country left the currency union.
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Uncategorized
The Guardian: World’s witnessing a new Gilded Age as billionaires’ wealth swells to $6tn
Billionaires increased their combined global wealth by almost a fifth last year to a record $6tn (£4.5tn) – more than twice the GDP of the UK. There are now 1,542 dollar billionaires across the world. […]
Geopolitics
Chris Hedges – Israel’s War on Hospitals
“Israel is not attacking hospitals in Gaza because they are “Hamas command centers.” Israel is systematically and deliberately destroying Gaza’s medical infrastructure as part of a scorched earth campaign to make Gaza uninhabitable and escalate […]
Economics
DeStatis – German Recession: GDP in the 4th quarter of 2024 down 0.2% on the previous quarter and year on year
The German economy has not grown for four years Gross domestic product (GDP), 4th quarter of 2024 -0.2% on the previous quarter (price, seasonally and calendar adjusted) -0.4% on the same quarter a year earlier […]
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