During a recent ceasefire committee meeting, Israeli officials denied any violations and argued there was no 60-day deadline for withdrawing their troops. Attending US officials did nothing – but they may have to act soon: Hezbollah vows ‘resistance’ against breaches once the truce expires.
Economics
Bill Mitchell: IMF and World Bank at odds with each other over interest rate hikes
The inflationary surge is not a demand event and will not be resolved by further cutting nominal incomes. Read Here
Economics
Ashoka Mody: Germany is a diminished giant, and that spells trouble for Europe
Slower Chinese growth and the woes of Germany’s auto industry are sending the economy into recession. Read here
Aviation
City A.M. – French government scraps plans for expansion of Charles de Gaulle airport
The French government has today scrapped plans for a major expansion at Charles de Gaulle airport due to climate change concerns. Read here
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