The German government is about to authorise new arms exports to Israel. Reports indicate that it has already decided to green-light the export of 10,000 rounds of 120-millimetre precision guided ammunition to the Israeli military. The only aspect still under discussion is the price. These shells are apparently being fired in very large numbers in the Gaza Strip. In December, the US administration had already approved the supply of almost 14,000 rounds of the same calibre, in a procedure that bypassed Congress. Last year Berlin approved a delivery of 3,000 portable anti-tank weapons and 500,000 ammunition rounds for semi-automatic and fully automatic firearms. German munition is flowing into the war zone at the same time as Israel is having to defend itself before the International Court of Justice against the charge of genocide in Gaza. Berlin now wants to intervene in the main court proceedings as a third party and present arguments in support of Israel. If the International Court of Justice finds in favour of the South African plaintiffs, Germany would be doing nothing less than aiding and abetting genocide by supplying lethal arms.
Economics
Bill Mitchell: The one-trick New Keynesian ponies are back in town
The deficit/debt and inflation phobes, the one-trick ponies, are increasingly coming out and attempting to force the debate back on their terms. Read here
Economics
Zack Exley, Robert Hockett: Inflicting pain on workers to fix inflation isn’t just unfair. It’s stupid, ineffective, and completely unnecessary
Just last year, economists and policy-makers were still debating whether inflation was worth worrying about. Some argued that it would be a transitory phenomenon with little real impact on working Americans. Others suggested that things […]
Corruption
The Guardian: Disney, Huawei and EY among worst offenders in disclosing lobbying
What no one wishes to admit is that lobbying is simply rampant corruption that has been anchored in legality by those who profit from it: politicians. Simple principles like a level playing field – a […]
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