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.
Economics
Heiner Flassbeck: Say’s Law and the Fundamental Failure of Economics
One would think that “experts” who pretend to understand one thing particularly well and even recommend that thing to economic policymakers would at least be able to comprehend the logical basis of what they are […]
Geopolitics
Middle East Monitor: G7 nations, except Japan, left fuming as Nagasaki refuses invite to Israel to commemorate US nuclear bombing
Envoys representing Group of Seven (G7) nations in Tokyo have been left fuming and, what appears to be a coordinated move, may not attend an event to commemorate the US nuclear bombing of Japan, Anadolu […]
EU politics
Wolfgang Munchau: Germany to miss defence spending target
The German Council on Foreign Relations published a report highly critical of the German government’s two-tongued defence strategy. Olaf Scholz’s much-quoted Zeitenwende has turned to have been really not much more than a public relations […]
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