Euro area annual inflation is expected to be 8.9% in July 2022, up from 8.6% in June
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Economics
Zack Exley, Robert Hockett: Inflicting pain on workers to fix inflation isn’t just unfair. It’s stupid, ineffective, and completely unnecessary
Just last year, economists and policy-makers were still debating whether inflation was worth worrying about. Some argued that it would be a transitory phenomenon with little real impact on working Americans. Others suggested that things […]
EU politics
Aljazeera: Mass rally in Madrid against trial of Catalan separatist leaders
Protesters waved Catalan flags and carried banners reading slogans such as ‘self-determination is a right, not a crime’. Read here
EU politics
Richard Murphy: The EU Competition Commissioner’s welcome move against UK government tax abuse
It appears the EU is to investigate into a British government scheme that may help multinational corporations pay less tax. Read here
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