However, let’s assume that an agreement is reached on Friday and that oil and LNG tankers are allowed to exit the Gulf via the Strait of Hormuz. Even if a deal is struck, it will be months, possibly years, before the Gulf arabs return to normal because of the damage to the equipment that pumps and stores oil.
Corruption
George Monbiot: Freedom’s Prison
It’s not us the government intends to liberate. It’s the asset strippers, money launderers, property developers and oligarchs on whose behalf it operates. Read here Photo: Bill Gates and von der Leyen – Lukasz Kobus/European […]
Economics
Simon Wren-Lewis: Lessons from the Greek tragedy unlearnt
Inside the Eurozone the creditors have too much power, because they can threaten to cut off money to a member’s banking system or throw you out of the club. The Eurozone has not learnt this […]
EU politics
German Foreign Policy: “Revenue that no one is entitled to”
Scholz supports the confiscation of income on the interest of Russian state assets deposited in the EU. Experts consider this a clear violation of international law and warn that other nations, such as China, could […]
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