Erdogan seems to be responding to his election victory by retreating towards more ‘orthodox’ macroeconomic policies.
Read the article HERE.
Reuters: Lira plunges more than 7% as Turkey edges towards free market
Austerity
Politico – EU goes easy on France’s Bayrou as he tries to plug €53B black hole
Yet more evidence that the EU’s ‘budget rules’ are wholly political – when it’s government’s Brussels doesn’t like, they are iron-clad, when it’s government’s Brussels does like, they are broad guidelines. Read the article HERE.
Geopolitics
Ben Wray – The Dutch Confronted China. It Didn’t Go Well.
The story of the Nexperia fiasco tells us a lot about European decline. In Jacobin. Read the article HERE.
National Politics
Mike Sivier – At Last The UK Is To Have A Left-Wing Political Party To Challenge The Right
A new initiative called ‘Collective’ which involves Jeremy Corbyn and other figures on the UK left looks likely to evolve into a political party. Read the article HERE.
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