The German current account surplus of probably 7 per cent of GDP in the current year is an unparalleled scandal. However, it becomes a real political catastrophe when Germany accuses countries that have fairly balanced balances, such as China, or even high current account deficits, such as the USA, of mercantilism when they defend themselves against the actual mercantilists.
EU politics
Trita Parsi, Fridda Stranne: Sweden Is the Land of Ikea, ABBA – and China Hawks
It’s not just in NATO. It’s one of the alliance’s most confrontational members. Read HERE
Food Production
Dominic Kirui: Kenyan tea workers fight for damages from a Scottish tea giant
Around 2,500 workers are filing a case in Scotland, against James Finlay Kenya, claiming working conditions have caused them life-limiting injuries, writes Equal Times quoting trade unionists Read HERE bandabarn/Creative Commons
Austerity
OBN – ‘EU transfers cash for the poor to the arms trade’
The Ooooh EUs in Britain and the EU will surely be shocked and horrified that this greatest institutuion of every thing that is good could even consider such neo-liberal measures (as usual). Read here Food […]
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