Berlin expands Bundeswehr activities in Southeast Asia and participates in joint exercises with Indonesia. Jakarta is resolutely unwilling to be pitted against China.
EU politics
Politico – US envoy to NATO questions EU’s ‘buy local’ strategy on weapons
Some EU countries haven’t got the message yet that the US military industrial complex expects bigger European Defence spending to mean bigger orders for American weapons. Read the article HERE.
Economics
Bill Mitchell: IMF changes tune on industry policy – shamelessly – Part 2
In Part 1, I introduced the discussion about the use of industry policies in the Keynesian period after World War 2. Most nations adopted a mixed planning-market based system for allocating productive resources and the […]
EU politics
Politico – New sanctions against Russia stuck in limbo over Greek-Hungarian protest
Odd couple is holding back deal on new sanctions against Russia. Read Here
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