In the US, mortgage applications are now down 50% and at the lowest levels since 1994. Credit card defaults rates are higher than in 2008. Is the debt bubble about to burst?
Read the article HERE.
Ann Pettifor: On the bursting of bubbles
Finance
Business & Human Rights Resource Center: Amazon workers stage Black Friday protests across Europe & USA over ‘exploitative’ working conditions & low pay
Workers at Amazon warehouses and distrbution centres have staged protests – over low pay, poor working conditions and climate concerns – across Europe and the USA to coincide with the online retailer’s annual discounted shopping […]
EU politics
aljazeera – Catalonia: EU court says Spain should have freed Catalan MEP to take office
ECJ says Oriol Junqueras, who was sentenced to 13 years in jail over independence bid, enjoyed immunity as MEP. Read here
EU politics
The Electronic Intifada: University College Dublin betrays students by teaming up with Israel’s Technion
An Irish university has displayed rank hypocrisy by joining a European Union-funded project involving two Israeli partners less than a year after expressing anger at the violence inflicted on Gaza. University College Dublin (UCD) is […]
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