Heiner Flassbeck – Romania, a new crisis, an old realisation: Eastern Europe is caught in the appreciation trap
Labour costs are rising too sharply in Eastern Europe Read Article HERE
Labour costs are rising too sharply in Eastern Europe Read Article HERE
The personal consumption pattern is being dominated by strong expenditure by high-income households, which have reaped large income boosts as a result of rising interest rates and the share market growth. Meanwhile, the investment boom […]
Booms, , Busts, Inflation, Austerity, Central Bank Independence, and parallels of the gold standard with the US dollar standard Read Article HERE “Workers Also Have Their Place in the New State” (Portuguese). With acknowledgements to […]
Of that, 10 gigawatts went to Africa and 39 GW to Asia, which is, again, a record in both instances. Percentage-wise, Nigeria, Kenya, Ethiopia and Malaysia saw some of the biggest increases in PV imports […]
Economist and diplomat Jeffrey Sachs is calling on German Chancellor Merz to begin immediate talks with Russian President Vladimir Putin about peace in Europe. University Professor and Director of the Center for Sustainable Development at […]
A profile of the late Edmund Phelps, a neoliberal economist until the end. Michael Roberts is an Economist in the City of London and a prolific blogger Cross-posted from Michael Roberts’ blog American Edmund Phelps recently […]
24 May 2026
Lifting sanctions on Russian energy products at a time when there is a Iran war-induced crisis is drawing the usual firestorm regarding loyalty to Ukraine Ian Proud was a member of His Britannic Majesty’s Diplomatic […]
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