The decline in US GDP reported for the first quarter is not a big deal, and it is very possible that it will be reversed when the data is revised over the next two months. But it is the wrong direction. If Donald Trump envisions that we will surpass China and retake the leadership as the world’s dominant economy, we are so far going the wrong way.
EU politics
New Economics Foundation: Put Drivers in Control
Imagine an Uber run co-operatively by their drivers, collectively controlling their futures, agreeing their own pay and conditions, with profits shared or re-invested. Why this proposal is viable. Read here
EU politics
Middle East Monitor: Belgium imposes arms embargo on Israel
Belgium has banned aircraft carrying weapons and military equipment to Israel from using the country’s airspace or making technical stops Read Article HERE This file is licensed under the Creative Commons Attribution-Share Alike 3.0 Unported […]
Finance
The Guardian: eBay pays £1.1m UK tax on revenues it told US investors were £1.1bn
The Financial Times reported today that £1.6 Million had been paid in taxes, but the difference is irrelevant. Read here
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