Capital mobility has sucked money out of the global South and into financial vortexes such as Wall Street and the City of London.
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Economics
Bill Mitchell: IMF and World Bank at odds with each other over interest rate hikes
The inflationary surge is not a demand event and will not be resolved by further cutting nominal incomes. Read Here
Corruption
The European Conservative: Qatargate MEP Lifts Lid on Parliamentary Espionage
Eva Kaili, the Greek MEP and former vice-president of the European Parliament accused of money laundering and bribery as part of the ‘Qatargate’ scandal, is on the offensive, claiming she’s been targeted for her work […]
Geopolitics
David Jamieson – Donald Trump Is Exploiting Europe’s Weakness
‘Talks over the Ukraine war show that Donald Trump thinks both the US and Russia can end up as winners. Europe is being made to pay the price, as its leaders accept their role as […]
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