It appears the EU is to investigate into a British government scheme that may help multinational corporations pay less tax.
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Richard Murphy: The EU Competition Commissioner’s welcome move against UK government tax abuse
Economics
Bill Mitchell: A debt jubilee is the only way low-income nations will escape the penury of debt distress (and the IMF/World Bank)
There is something deeply wrong with the world under Capitalism when the poorest countries in the world pay more out on debt servicing to loans that the wealthy countries have provided than they do on […]
Economics
South China Morning Post: EU launches WTO case against China over Lithuania embargo, as row over Taiwan office continues
Brussels says it has ample evidence of China blocking Lithuanian and other European exporters from its market Responding to the filing, China said Brussels should be ‘wary of Lithuania’s attempt to kidnap China-EU relations’ Read […]
Economics
Eurostat: Euro area annual inflation up to 9.1%
Inflation was up from 8.9 per cent in July, which was itself a record high in the 23-year history of the euro. Read Here
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