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.
EU politics
Forbes: Denmark And Poland Fire Warning Shot To Europe’s Tax Avoiders, ‘You Won’t Get Bailouts’
Poland and Denmark have sent a clear message to businesses that make use of tax havens, excluding them from government bailouts and coronavirus relief programmes. Read here
Economics
Wolfgang Streeck – The EU after Ukraine
Assuming that the history of the European Union begins with the European Economic Community (EEC), which was formed in 1958, it has now lasted almost two-thirds of a century. It started out as a six-country […]
Economics
Eurostat: EU records trade deficit as gas from Russia and Norway takes its toll
Imports to the EU from Russia and Norway increased year on year 59.1 and 56.4 percent respectively for the period January to October. It is only thanks a rapidly increasing trade surplus with Britain (27 […]
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