There is no compelling reason to raise interest rates, now or later.
Read Here
EU politics
Alp Kayserilioglu: Goodbye Erdoğan?
A stimulating analysis of the economic and political turmoil Turkey is in, on New Left Review’s ‘Sidecar’. Read the article HERE.
Economics
Bill Mitchell: Commercial banks make higher profits when interest rates rise
It appears that many still do no understand how banks work and make profits Read Here Photo: JamesQube from Pixabay
Economics
South China Morning Post: 1 year on, EU alternative to China’s belt and road fails to deliver
“A recent gala event held in the metaverse to explain the Global Gateway concept to 18-35 year olds was lampooned online after just a handful of users logged on – despite the EU forking out […]
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