This is pretty much par for the course with regard to the EU and financial crime. What do laws and regulations matter, when it is a question of the intereests of financial trans-nationals.
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Economics
Market Watch: Why India is the big winner as EU’s Russia oil ban redraws energy trade map
India buys oil cheaply from Russia & then sells it expensively as a refined product to Europe Read Here Photo: Indian oil refinery Kendash1987 licensed under the Creative Commons Attribution-Share Alike 4.0 International
Environment
Politico: Mud and guts: Europe’s forgotten environmental crisis
Lobbying by the governments of the U.K., France and Germany blocked efforts to introduce a European soil protection policy in 2007, citing costs and potential impacts on housing developments. Read here
Austerity
Bill Mitchell: ECB confirms monetary policy has run its course – Part 1
“Despite rather significant monetary policy gymnastics, aimed at stimulating economic growth and lifting inflation rates, central bankers have largely failed. They have failed because they are wedded to mainstream theory. Fiscal policy makers are constrained […]
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