There are many reasons for stagnant wages but the most salient was the sell out by the leftist parties, in Europe the Social Democrats.
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Steven Hall: Why have wages been allowed to stagnate?
Finance
Inquiry: Deliveroo workers launch new strike wave
The food platform has been plunged into chaos by a rapidly-spreading series of wildcat strikes Read here
EU politics
BBC – Poland election: Governing party claims victory after exit poll
Our author Aleks Szcerbiak explained almost four weeks ago why the PIS party has been so successful here. The answer is simple: anti-austerity by redistributing wealth from the metropolitan professional elite and corporations to lower […]
EU politics
Romania Insider: Standard & Poor’s changes perspective on Romania’s rating to negative due to fiscal slippages
International rating agency Standard&Poor’s has changed its outlook of Romania’s rating from stable to negative while affirming the country’s long- and short-term foreign and local currency sovereign credit ratings at ‘BBB-/A-3’. In reaction, Romania’s Liberal […]
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