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.
Austerity
Bill Mitchell: The assault on democracy in Italy
With Bill Mitchell’s blog we continue our series of analyses concerning the recent events in Italy. Read here
Fake News
James Cusick and Crina Boros: How a GM giant ‘bought control’ of what millions of Londoners read
Paid journalism. This problem is increasing. As media’s sole concern is profit, the product becomes irrelevant. Thus the demise of corporate media and their calls for state support Read here
EU politics
BBC – Greece boat disaster: Ship tracking casts doubt on Greek Coastguard’s account
The BBC has obtained evidence casting doubt on the Greek coastguard’s account of the migrant shipwreck in which hundreds are feared to have died. Read and watch HERE
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