EU politics
Adam Tooze: The bank that nearly broke Europe
The single currency’s design isn’t perfect. But what’s really hampered its first 20 years, says Adam Tooze, are decisions freely taken by power-hungry men in Frankfurt Read here
Financial Institutions
Corruption
Stéfanie Khoury and David Whyte – The UN Human Rights Council’s “Draft Zero” still won’t prioritise human rights above the rights of corporations
Next month, the UN Human Rights Council (HRC) will consider the first draft (“Draft Zero”) of a new treaty on the human rights responsibilities of corporations. It it has already been criticised for key shortcomings […]
Economics
Larry Elliot: Ten years after the financial crash, the timid left should be full of regrets
Larry Elliot´s analysis is somewhat short-sighted. The mainstream media played a crucial role in keeping many critical voices and opinions out the discourse. We see this daily as the newspaper where Elliot writes, the Guardian. […]
Economics
Yilmaz Akyüz: Crisis alla Turca
Long but interesting analysis of the current state of the Turkish economy. Read here
Finance
Reuters: Swiss watchdog to propose looser anti-money laundering rules for fintechs
Having lost much business due to new banking rules with regard to illicit money, Switzerland is looking for ways to regain lost business by dreating new legal loopholes. Read here
Economics
Evonomics – Anat Admati: It Takes a Village of Media, Business, Policy, and Academic Experts to Maintain a Dangerous Financial System
A mix of distorted incentives, ignorance, confusion, and lack of accountability maintain a dangerous financial system Read here
Economics
Steve Keen: Are Icebergs Fluffy?
Steve Keen discusses the nature of debt, why home prices will fall, and why the regulators and authorities are unable to disassemble the debt bomb.
Economics
Michael Roberts – Crashed: more the how, than the why
Michael Roberts´on Adam Toote´s book Crashed: How a Decade of Financial Crises Changed the World Read here
Austerity
Yanis Varoufakis: Greece was never bailed out – it remains a debtor’s prison and the EU won’t let go of the keys
It is odd that the EU still is trying to maintain its lie of “We saved Greece”. How can the EU lead Europe when it has lost all moral authority? Read here
EU politics
The Irish Times: Ireland – Massive increase in reports of money laundering
Banks and financial institutions reported over 24,000 suspect transactions in 2017 Read here