Branko Milanović- China: Fairer sharing of the fruits of growth

Some things never change. Governments still protect banks. It does not matter what they do, as with the Royal Bank of Scotland. Read here  

China’s government set its lowest economic growth target in more than 30 years, a sign the housing slump, stringent COVID-19 controls and global risks will continue to curb demand. Read Here  

Malta contniues its policy of selling citizenship to the rich. To obtain a Maltese passport, which grants the holder  full access to the European Union, applicants must pay €650,000 and invest €150,000 in government stocks […]