International and Dutch unions filed a complaint with a global trade body on Tuesday accusing Chevron Corp. (CVX.N) of funneling billions of euros through letter box companies in the Netherlands to avoid taxation. This will be an interesting case.
Austerity
The General Theorist: Goodbye IMF, hello ECB – Christine Lagarde’s track-record
Blogger The General Theorist wonders whether Christine Lagarde’s patchy performance as managing director of the IMF qualifies her for the trickier role of president of the European Central Bank. “The assumption that Lagarde is a […]
EU politics
Reuters: Italy unions refuse to load Saudi ship in protest over Yemen war
Italian unions refused on Monday to load electricity generators onto a Saudi Arabian ship with weapons on board in a protest against the war in Yemen. Read here
Economics
Grace Blakeley – The Elite’s Answer to the Cost of Living Crisis: More Unemployment
The Bank of England is engineering a recession because it believes it will reduce inflation and weaken the spirits of the workers’ movement Read the article here.
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