“There was an important speech delivered by the Governor of Australia’s central bank today that reveals the reasons that the RBA is once again refusing to be bullied into increasing interest rates rises by the ‘markets’.”
Read here
Economics
Eurostat: Annual inflation up to 10.9% in EU
Inflation barrels along in the EU: 18 nations in double digits, four over 20%: Read Here
EU politics
Renegade Inc: The Royal Bank of Scotland & the largest theft anywhere, ever…
Some things never change. Governments still protect banks. It does not matter what they do, as with the Royal Bank of Scotland. Read here
Economics
Michael Roberts Blog – Turkey: total meltdown
It will be interesting to see how Erdogan manoeuvres Turkey out of this crisis…or not. Read here
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