Why have central bankers in continued to hike interest rates, especially when the most direct measure of the situation – the actual inflation rate – has been abating for months in most jurisdictions?
Economics
David Adler and Yanis Varoufakis: The World Bank and IMF are in crisis. It’s time to push a radical new vision
The exit of Jim Yong Kim offers a chance to put the Bretton Woods institutions in the service of the many, not the few Read here
Austerity
ekathimerini.com: Weber hints at lower surpluses, if there is a ‘different’ government in Athens
The German hegemon once again shows how it rules the EU. Rules are determined by Germany. Read here
Economics
Reuters: How crypto giant Binance became a hub for hackers, fraudsters and drug traffickers
For five years, the world’s largest cryptocurrency exchange Binance served as a conduit for the laundering of at least $2.35 billion in illicit funds, a Reuters investigation has found. Read HERE
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