Spain has begun the process of withdrawing from the Energy Charter Treaty, its minister for the ecological transition said today.
Austerity
George Packer – USA: We Are Living in a Failed State
This is a powerful piece, which might make some people view the EU in its true condition: a failed union. Read here
Austerity
Bill Mitchell: German growth strategy falters – exposes deep flaws in the EU architecture
Germany has adopted the strategy that it can permanently game its Eurozone partners through its mercantilist approach. Read here
Economics
Bill Mitchell: Inflation is not exploding out of control and interest rate rises will not help
Central banks need to be patient and make sure its messaging stays on track – supply disruptions, war, transitory. Read Here Photo: Federalreserve
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