The pressure to raise interest rates seems to run parallel to the pressure to re-introduce austerity. Is there any reason for either?
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Bill Mitchell: More evidence that the current inflation is ephemeral
EU politics
The Local it: Italian politician launches anti-EU party to push for ‘Italexit’
An Italian senator has launched a new political party aimed at taking Italy out of the European Union – but how much interest is there in “Italexit” among Italian voters? Read here
Geopolitics
BNN: German Frigate ‘Hessen’ Mistakenly Targets US Drone Over Red Sea: Military Misfire Raises Concerns
This is the perrect metaphor for Germany and its military. First the incorrectly identified a US drone and tried to shoot it down. Since its missiles misfired they fell into the sea. It appears that […]
Corruption
eu observer: The non-accountable MEPs
Neo-liberalism can only flourish where democracy is reduced to a minimum, to folklore. The EU is neo-liberal. Thus the European Court of Justice will almost always decide against democracy. Read here
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