For several years the Chinese property sector has been turning from boom to bust. Now one could say that the Chinese cavalry has arrived.
Read HERE
Photo: China News Service/Creative Commons
Shaun Richards: China presses the economic panic button
Economics
rest of world: Rising food and fuel costs are making gig work unsustainable
Workers in India, Argentina, and South Africa say that they are struggling to make ends meet. Read Here
EU politics
German Foreign Policy: Further Humiliation for German Foreign Affairs
The German Bundeswehr must terminate its failed operation in Mali ahead of schedule. The quest for independence from the West is gaining momentum in Mail and in neighboring Burkina Faso. Read HERE
Economics
Joseph Stiglitz, Kevin P. Gallagher: IMF surcharges: A lose-lose policy for global recovery
The IMF has imposed significant surcharges on countries that have had to undertake large borrowings and are unable to pay their debts back quickly. These surcharges are pro-cyclical financial penalties imposed on countries precisely at […]
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