We had one central bank – the Bank of Japan – defying the consensus of central banks, the IMF, and taking on the financial markets and holding interest rates unchanged for the duration of this episode to date.
Geopolitics
Paul R. Pillar: US strikes on Yemen won’t solve anything
The Houthis have withstood similar onslaughts and the attack only adds fuel to the widening of Israel’s war on Gaza Read HERE
EU politics
Bill Mitchell: IMF reform proposals for the Eurozone are just weak band aids that cannot fix the dysfunctional mess
All the other options – such as the IMF’s current plan – just put band-aids over the mess – and they are weak bandages at best. Meanwhile, the ECB will have to continue funding the […]
EU politics
Joshua Rahtz – Course correction?
Sahra Wagenknecht, who describes herself as ‘left-conservative’, has left Die Linke and established a new political formation which could win as much as 20% of votes at the polls, an interesting and important development in […]
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