This is the result of the financialisation of homes. Dirty money, be it from developing nations or the rich in the advanced economies is seeking secure havens. And what is more secure than nations, like those of the EU, which protect such transactions via weak regulatory systems. That this has occurred has to do more with a few judges and prosecutors in Spain than a efficient rule of law.
EU-Institutions
Marco Buti, Giancarlo Corsetti: The First 25 Years of the Euro
The great experiment of a currency union among independent states – integrating their economies in a single market – has shown extraordinary resilience, despite its half-baked beginnings. Read HERE www.elbpresse.de/Creative Commons
Economics
NBC News: Rail union rejects labor deal brokered by Biden administration, raising possibility of strike
“Railroaders do not feel valued,” said Tony D. Cardwell, president of the Brotherhood of Maintenance of Way Employes union. Read Here
Geopolitics
Al Jazeera: Israeli team out of top Italian cycling race over Gaza war protest concerns
Italian race organiser says there is high possibility of race disruption due to participation of Israeli team. Read Article HERE
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