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.
Austerity
Bill Mitchell: Tunisia is a classic example of the failed IMF/World Bank development model
The IMF and World Bank, destroyers of developing nations. Read here
Austerity
Voice of America: Thousands March in Paris to Protest Pension Reform Plan
Apparently for the first time the unions asked the Yellow Vests to join them in demonstrating. Read here
Economics
Reuters: Spanish manufacturing shrinks in June at fastest rate in six years – PMI
As Juan Laborda writes here the Spanish government under pressure from the EU is leading Spain into a recession. Read here
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