As usual the EU is priorisising corporate profits over the environment and future of its citizens
Economics
Eurostat: Euro area international trade in goods deficit €32.4 bn
Imports increasing, exports decreasing. This is not how you export yourself out of a crisis Read Here
Austerity
Larry Elliot: Austerity is the wrong prescription for the world’s wellbeing
Findings about the impact of a course of heavy-duty cuts on life expectancy make grim reading Read here
Economics
Michael Pettis: Why Should China Borrow Abroad?
In spite of China’s extraordinarily high investment levels, domestic savings nonetheless exceed domestic investment by quite a lot, making it a large net exporter of capital. Read HERE
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