Prem Sikka explains how a company can make billions in profit, but book a loss at the end of the year, thus paying no taxes.
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Prem Sikka: Here’s how Caffe Nero made £2bn in sales but didn’t pay a penny in corporation tax
Economics
Bill Mitchell: The Last Colonial Currency: A History of the CFA Franc – Part 2
This is the second part in Bill Mitchell’s series. You can read Part 1 here. Read here
EU politics
Palestine Chronicle: Germany’s Schengen Ban on Pro-Palestine Lawyer Sparks Outcry from International Association of Democratic Lawyers
The International Association of Democratic Lawyers has denounced the detention and deportation of its Deputy Secretary-General Charlotte Kates in Athens, accusing Germany and Greece of weaponizing Schengen bans to silence pro-Palestinian advocacy. Read Article HERE […]
Economics
DeStatis – German recession: After positive start to year, economic output sees sharper-than-expected decline
Gross domestic product (GDP), 2nd quarter of 2025 -0.3% on the previous quarter (price, seasonally and calendar adjusted) -0.2% on the same quarter a year earlier (price adjusted) +0.2% on the same quarter a year […]
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