15% global minimum corporate tax rate (130 of 139 nations have agreed) “no more than a G7-money grab. Rich countries are forcing developing countries to choose between a raw deal or no deal…another form of economic colonialism”
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EU politics
City Lab: In Need of Housing, Barcelona Fines Landlords For Long-Vacant Buildings
The massive fines levied against the investment funds have been interpreted as a “declaration of war” from Mayor Ada Colau, who wants more affordable housing. Read here
Economics
Reuters: Euro zone October PMI adds to evidence bloc is heading for recession
Flash PMIs for October provide yet more evidence that the euro zone is sliding into quite a deep recession but that inflationary pressures remain intense Read Here Photo: KUKA Roboter GmbH, Bachmann
Corruption
OCCRP: Gold for visas
For refugees and poor migrants, travel can be terrifying, with no guarantee of a welcome at the end. For the one percent, it’s a different story, as a growing number of cash-strapped countries invite them […]
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