Regardless of a possible escalation of the conflict, starting with an expansion of the hostilities to Lebanon with Hezbollah, and perhaps beyond, the geopolitical pattern of the region was already changing on its own.
Read HERE
Economics
Bill Mitchell – US and UK fiscal stimulus supporting growth while the delays in the Eurozone lead to a double-dip recession
Fiscal support should always err on the side of ‘too much for too long’ rather than ‘too little for not long enough’. Read here
Corruption
ICIJ: Why has the European Commission not investigated Lux Leaks tax deals?
WHY has the EU Commission not investigated the Lux Leaks tax deals? Can Commission President Juncker & former PM of Luxembourg prove there’s no conflict of interest? Read here
Austerity
Ashoka Mody: Fall of the eurozone’s saviours: Why Emmanuel Macron is following Matteo Renzi’s path to political oblivion
They inherited poorly performing economies that bred widespread social and political discontent, argues Ashoka Mody, and both leaders unwisely followed the traditional European recipe of ‘labour reforms’ Read here
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