If an ordinary Russian loses half of his pension or salary because of the fall in the rouble and inflation caused by the sanctions, then there is no recourse, no court where he can complain. On the other hand, if you want to deprive an oligarch with 100 million euros of half his fortune, then there are multiple procedures to challenge the decision, and very often you don’t pay anything.
Finance
Grace Blakeley: How the bond vigilantes are holding Argentina to ransom
International institutions have allied with bond vigilantes to bludgeon Argentina into imposing policies that benefit investors and harm working people. Read here
EU politics
Euractiv – Commission ready to place arms orders for member states, von der Leyen says
We should be worried about the European Commission taking over European defence policy, especially with Ursula Von Der Leyen at the helm for another five years. Read the article HERE.
EU politics
The Guardian: Leader of Romania’s ruling party sentenced for corruption
The SPD in Europe, with the exception of the UK and maybe Scandanavia, has lost its integrity. That is why voters are turning away from the party. “The news was greeted with delight by flag-waving […]
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