The risks of further monetary stimulus measures by the European Central Bank outweigh the benefits. Additional stimulus will either amount to less than anticipated or will not be sustained – yet it could still undermine the eurozone’s financial system and public finances in far-reaching ways.
The UK and the Eurozone are both vulnerable to the next recession, but both politicians and central bankers think each other should deal with it. Read here
Globalization went from being a means for national economic prosperity to becoming the end — with national domestic priorities having to adjust to globalization’s needs instead of vice versa. Read here
This does not look good, as it appear that the commission is planning to classify gig workers in a different category from normal workers in order to support platform corporations. Read here
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