A Commerzbank merger would make a mockery of the EU’s hopes to avoid lenders that are “too big to fail” – and the bloc’s plans for a banking union.
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Climate Crisis
LSE News – High-income countries are responsible for 74 percent of excess resource use causing ecological breakdown
High-income countries, such as the United Kingdom and the United States, bear the overwhelming responsibility for global ecological breakdown and need to urgently scale down their use of natural resources by over 70 per cent […]
Corruption
Branko Marcetic: Silicon Valley Bank’s Collapse Shows Little Has Changed for Big Banks Since 2008
The spectacular collapse of Silicon Valley Bank was caused by corruption, financial recklessness, and poor decision-making. With its bailout echoing 2008’s eager bailouts for the rich, it begs the question: How much longer will Americans […]
EU politics
BBC: UK Hauliers in compensation claim for overpriced trucks
We have repeatedly referred to the cartels – An association of companies obtaining the total control over a market. These are nothing less than trans-European monopolies – endemic to the EU. The interesting aspect of […]
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