Big tech monopolies Microsoft, Apple, Alphabet, Amazon and Facebook now make up more than a fifth of the entire value of the S&P 500 stock market index.
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EU politics
Chris Dillow: Why conservatives should be Corbynistas
“Bourgeois virtues pay off in a bourgeois society – where there is a large middle class. But they don’t pay off in a 1% takes all society where wealth is accumulated in shadier ways.” Read […]
Corruption
El País: Spain’s former king Juan Carlos targeted by new investigation
While Catalan officials are rotting in Spanish jails in a dubious justice system, the out and out corrupt king is allowed to leave the country to avoid prosecution. Read here
Economics
Eurostat: Industrial Production down by 1.7% in the euro area and by 0.4% in the EU compared with December 2021
Among Member States for which data are available, the largest monthly decreases were registered inIreland (–8.5%), Luxembourg (–5.2%) and Lithuania (–4.0%). The highest increases were observed inDenmark (+13.5%), Portugal (+4.1%) and Hungary (+3.8%) Read HERE
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