EU seeks to strengthen its position in Southeast Asia at first summit – at the expense of Russia and particularly China. Singapore increases military cooperation with Berlin.
Economics
Reuters: Euro zone October PMI adds to evidence bloc is heading for recession
Flash PMIs for October provide yet more evidence that the euro zone is sliding into quite a deep recession but that inflationary pressures remain intense Read Here Photo: KUKA Roboter GmbH, Bachmann
Economics
Ann Pettifor: Reclaiming Central Banks
Fifty years ago, a US president closed the gold window, ended capital controls, and launched a new era of globalized finance. The “Nixon Shock” reshaped the international monetary system overnight, and then gradually changed the […]
EU politics
The Local es: Spain to tax the rich to offset inflation relief measures
Spain’s left-wing government has said that from 2023 it will slap a temporary tax on the wealthiest 1 percent of the population to help pay for inflation relief measures. Read Here Photo: Pier Francesco Grizi/Unsplash
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