In a world of financialised globalisation, prices of food are not determined by the simplistic laws of supply and demand. Prices are determined by a wall of money wielded by relatively few, invisible speculators and aimed at largely unregulated global grain markets.
EU politics
Bill Mitchell: A leopard never changes its spots – Jens Weidmann, ECB President aspirant
So Europe is back to its Franco-German rivalry and emerging out of that process is the unthinkable – Bundesbank President, Jens Weidmann – becoming a front-runner to take over the ECB role. He is a […]
Economics
Balkan Green Energy News: Slovenia earmarks EUR 5 billion to ease energy crisis in 2023
“No one will be left without a supplier, much less without supply.” The prices of electricity and natural gas are no longer linked to production costs and also warned of financial speculation in the futures […]
Finance
Reuters: Uber, Lyft drivers are employees, says California regulator
For years, both Lyft and Uber have said that if they are forced to reclassify gig workers as employees that such a change would have an adverse effect on their profitability. Is anyone surprised? Read […]
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