Bill Mitchell: US labour market showing signs of faltering as real wages continue to decline

The German government is about to authorise new arms exports to Israel. Reports indicate that it has already decided to green-light the export of 10,000 rounds of 120-millimetre precision guided ammunition to the Israeli military. […]

‘Journalists, watchdogs and people involved with NGOs working on issues critical of the government are also warning that the administration (or senior officials) is using the power to conscript people to silence them.’ In Politico. […]

Last I heard the US and Iran are supposed to meet in Switzerland starting Sunday, 28 June, to continue negotiations over the MoU. However, today’s exchange of missiles and drones in the Strait of Hormuz […]