In the first quarter of 2022, the EU seasonally adjusted current account of the balance of payments recorded a surplus of €16.6 billion (0.4% of GDP), down from a surplus of €52.2 billion (1.4% of GDP) in the fourth quarter of 2021 and down from a surplus of €126.4 billion (3.6% of GDP) in the first quarter of 2021.
Corruption
John McEvoy – How Israel funds UK parliamentary staff
Israel is quietly financing assistants of British MPs, Declassified has found. Read the article HERE.
Economics
The Minskys: For Bold Solutions We Ought To Include MMT in Economic Discourse
The need to revamp Western capitalism has brought renewed attention to Modern Monetary Theory (MMT), a school of thought that offers an important and bold perspective on economics and policy solutions. Read here
Finance
Prem Sikka: Carillion collapse: here’s how much corporate undertakers could make from the liquidation
First you earn millions for poorly advising or auditing a company, then you make hundreds of millions after it has gone bankrupt. The pension fund was not covered and thousands are unemployed as a result. […]
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