The authors identify a phenomenon that we saw in the election of Donald Trump as president of the USA: People identify with the rich and powerful – to which they will never belong – rather than with those with the same class interests. Add to this that citizens no longer see government as something that serves them, but the bank accounts of the political class and their friends. In the case of the UK, they are not all that far off the mark.
Last week’s usage of natural gas by German households and small industry was 483 gigawatt hours, up 14.5% above the average for that week over the past four years, the Federal Network Agency said. Read […]
Big tech monopolies Microsoft, Apple, Alphabet, Amazon and Facebook now make up more than a fifth of the entire value of the S&P 500 stock market index. Read here
French President Emmanuel Macron’s government suffered a major blow Monday when the key architect of the pension overhaul resigned over alleged conflicts of interests, on the 12th day of transport strikes against the planned changes. […]
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