“However, the evidence shows that—to date—it is austerity, not Brexit, that has had the most negative long-term impact on the British economy.”
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Austerity
Robert Skidelsky: How austerity broke Britain – and how we can recover
After ten years of wrongheaded and brutal spending cuts, Keynes’s warning that bad economics produces political extremism is more important than ever. Read here
Economics
OCCRP: Ukrainian Grain Exported Through Tax-Avoiding ‘Shell Firms,’ Robbing Country of Wartime Revenue
Key findings: Ukraine is investigating hundreds of firms, many created since Russia’s full-scale invasion scrambled the grain market, for allegedly failing to properly document their trading in Ukrainian grain or to pay taxes on it. […]
EU politics
The Intercept: Leaked Reports Show EU Police Are Planning a Pan-European Network of Facial Recognition Databases
If state terrorism has become de rigueur in the EU, then this is of no surprise. Read here
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