A long-standing effort to make big investment funds abide by the same rules that banks and brokerages follow has bogged down. The fund industry says it supports the rules — it just has a few quibbles.
Economics
Bill Mitchell: Bundesbank remits record profits to German government while Greek health system fails
This is the advantage of being the EU and euro hegemon: you are always the winner. This does not stop the Germans from complaining that the European Central Bank is ruining their economy. Never a […]
Climate Crisis
Al Jazeera: India’s G20 win hides bitter divisions between the West and Global South
Host India succeeded in getting together a joint Group of 20 declaration, but it hides fractious relationships and bitter divisions among G20 member states. Read HERE
EU politics
U.S. News: German Union Calls for Amazon Workers to Strike on ‘Prime Day’
A German trade union called on workers at seven Amazon warehouses to go on strike on Monday for several days to coincide with the global Prime Day promotion. Verdi said it was organising the three-day […]
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