An excellent analysis: “Profit shifting by multinational corporations doesn’t distort Ireland’s balance of payments; it constitutes Ireland’s balance of payments.”
Read here
Brad Setser: Tax Avoidance and the Irish Balance of Payments
EU politics
UNN: German military personnel fled Greenland without explanation
Hardly has Trump threatened with additional tarifs and Germany flees Greenland. So much for Make Germany Great Again Read Article HERE
Corruption
Branko Marcetic: The State of Ukrainian Democracy Is Not Strong
A detailed account of the sharp decline in democratic freedoms in Ukraine, in ‘Jacobin’. Read the article HERE.
Corruption
Reuters: ECB urged to tighten trading rules for policymakers
Ethics standards at the ECB were never high, but they are showing another low: Top brass of the ECB have investments in companies benefited by ECB bond purchases….ECB urged to tighten trading rules for policymakers […]
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