While corporate media is talking up the EU’s “robust recovery”, especially in Spain, on the ground things are apparently very different.
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Amnesty International – Spain: Cruel austerity measures leave patients suffering
Finance
France 24: France wants Swiss bank UBS fined 1.6 billion euros for tax fraud
France on Wednesday urged a Paris court to fine the Swiss bank UBS 1.6 billion euros ($1.8 billion) for allegedly helping clients commit tax fraud. Read here
Finance
ITEP: Netflix Posted Biggest-Ever Profit in 2018 and Paid $0 in Taxes
Hugely profitable tech company provides first look at how corporations are faring under new tax law Read here
Economics
German Recession – DeStatis: Production in July 2024: -5.3% year on year
Production in industry July 2024 (in real terms, provisional):-2.4% on the previous month (seasonally and calendar adjusted)-5.3% on the same month a year earlier (calendar adjusted) June 2024 (in real terms, revised):+1.7% on the previous […]
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