The policy announcements last week demonstrate how riven the ECB and the whole European policy machinery is with contradictions and false premises
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Bill Mitchell: Once again the so-called technocracy that is the Eurozone looks like a farce
National Politics
The Kyiv Independent: Inside Ukraine’s costly mission to grind down Russia near Bakhmut
“Even if Russia’s losses were higher, several hundred Ukrainian soldiers were killed on the toughest days of the battle, according to soldiers’ accounts. They said some battalions, usually numbering between 400 to 1,000 soldiers, were […]
Austerity
Bill Mitchell: The fundamental realignment of British society via fiscal austerity
Mitchell ‘s conclusion: “It is almost inconceivable that an advanced nation could tolerate the sort of changes that have been occurring in Britain over the last 8 years or so.” Read here
Economics
Market Watch: Why India is the big winner as EU’s Russia oil ban redraws energy trade map
India buys oil cheaply from Russia & then sells it expensively as a refined product to Europe Read Here Photo: Indian oil refinery Kendash1987 licensed under the Creative Commons Attribution-Share Alike 4.0 International
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