Privatisation has been one of the greatest wealth re-distributions in history – to the benefit of the wealthy. Now that most Europeans have understood this, the same perpetrators are coming up with people friendly privatisation. Bill Mitchell is not amused. Long, but well worth the time.
Private equity giant Blackrock has taken a punt on beleaguered Russian gold miner Polymetal, doubling its stake to just over 10% even as the stock takes a battering from sanctions imposed against Moscow. Read Here
To understand Spain´s diplomatic disaster regarding extradition proceedings against Catalan leaders following the independence referendum, one has to understand its judicial system. The Spanish judicial system is highly politicised, an institution inherited from Franco´s fascist […]
China’s development since 1949 can be viewed as being in three stages. Read Here
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