Tax haven based companies won 5 % of the value of public tenders throughout EU countries in 2006-2017. That yields a rough estimate of 100 bilion EUR being awarded annually to such companies.
Finance
Bill Mitchell: Addressing claims that global financial markets are all powerful
Bill Mitchell explains the new United Nations Trade and Development Report 2017. He then offers his own analysis and solutions. Its a long read, but well worth the effort. Read here
EU politics
Reuters: Greek police clash with students protesting against university shutdown
Hardly had a right-wing government been re-installed in Greece and the EU political elite could gave a sigh of relief – everything back to normal – the old problems reappear. And they will not go […]
Climate Crisis
Michael Le Page: Heatwave in China is the most severe ever recorded in the world
A long spell of extreme hot and dry weather is affecting energy, water supplies and food production across China Read Here
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