The massive fines levied against the investment funds have been interpreted as a “declaration of war” from Mayor Ada Colau, who wants more affordable housing.
Finance
The Seattle Times: Amazon puts high-profile Seattle plans on ice over proposal to tax large employers
Whatever happened to the high-tech heroes? Maybe it was just fancy public relations work to hide the true destructiveness of monopolists. Read here
EU politics
Sally Hayden: The EU’s deal with Libya is sentencing refugees to death
I am in daily contact with people in Libyan detention centres. Any hope that the country might be a safe haven has gone, leaving only death and despair Read here
Austerity
Bill Mitchell – German external investment model a failure
Germany funds much of its export surplus by exporting its own capital instead of investing it in its own nation. Much of this investment capital is either poorly invested or is lost. Thus being “export […]
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