As the United States and Israel press their war of aggression against Iran—now entering its second month—attention has understandably focused on the carnage in the Middle East. Yet with the Strait of Hormuz effectively blockaded and global energy markets in turmoil, the conflict’s ripples extend far beyond the Persian Gulf.
Austerity
Polykarpos Georgiadis: In Greece, social despair is helping the rise of fascist conspiracy theories
Greece’s recent elections saw two new far-right parties enter parliament for the first time. Grinding austerity is not fueling continued popular resistance but the rise of conspiracy theorist cranks who promote war among the poor. […]
Economics
Thomas Fazi: Europe has lost the energy war
After a decade of financial austerity, is Europe now on the brink of a new age of energy austerity? Read Here Camerafiend at English Wikipedia.
Economics
Eurostat – Third quarter of 2022: Annual increase in labour costs at 2.9% in euro area Increase at 3.4% in EU
Huge drop in real wages. So where is the inflation coming from? Read Here
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