International and Dutch unions filed a complaint with a global trade body on Tuesday accusing Chevron Corp. (CVX.N) of funneling billions of euros through letter box companies in the Netherlands to avoid taxation. This will be an interesting case.
Economics
Yahoo Finance: Intel gives up plans for factory in eastern Germany
No one wants to invest in Germany except the Chinese. These is what an economy in decline and such a high degree of corruption looks like. Read Article HERE
Geopolitics
Alastair Crooke – Europe is fearful and desperate
Europe has heavily over-invested in its Ukraine project, and now sees it crumbling. In ‘Al Maydeen English’. Read the article HERE.
EU politics
The Local: Germany made billions on Greece’s debt crisis, Berlin confirms
This is only the tip of the iceberg. The low value of the Euro due to weak economies in the euro-group has been vital for Germany’s trade surplus, not to mention the very low interest […]
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