Private equity giant Blackrock has taken a punt on beleaguered Russian gold miner Polymetal, doubling its stake to just over 10% even as the stock takes a battering from sanctions imposed against Moscow.
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Austerity
Trades Union Congress – Unsecured debt hits new peak of £15,400 per household – new TUC analysis
With dpressed wages the question was, how can workers buy the products that capitalists produce when they had so little money in their pocket? The answer: credit. Read here
Economics
Thomas Piketty: Reconstructing internationalism
Can we restore positive meaning to the idea of internationalism? Yes, but on condition that we turn our backs on the ideology of unfettered free trade which has till now guided globalisation and adopt a […]
Economics
Eurostat: Euro Area – New Inflation High up to 8.9%
Euro area annual inflation is expected to be 8.9% in July 2022, up from 8.6% in June Read Here
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