The rate hikes now being implemented by most central banks are not just allowing the commercial banks to widen spreads between deposit and lending rates which will generate significant windfall profits for the banks and their shareholders. The increasing interest rates are also delivering massive cash injections to the banks who hold reserve accounts at the central banks.
Is free speech a remnant of the past? Chris Dillow may be confusing free speech with debate and discussion, but there are a number of interesting thoughts in this article, thus well worth reading. Read […]
Turkish troops and Turkey-backed rebel factions control much of northern Syria, and Ankara is concerned that the recent outbreak of fighting could swell the flow of people fleeing across the border. Read HERE Aleppo – […]
Chakrabortty explains how the neo-liberal media is warming up to systematically denigrate its opponents, which in the UK are gaining political ground. Much of the mainstream media in Europe is not combatting Fake News, which they […]
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