EU foreign policy chief Josep Borrell is seeking to draw a line under controversial remarks he made last week — instead, his half-baked apology has raised more questions than answers.
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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 […]
EU politics
Michael Roberts: Regulation of banks does not work
There is one big lesson from the Danske Bank money laundering scandal. Regulating the modern banking system does not work. Modern banks are now primarily giant hedge fund managers speculating on financial assets or they […]
Climate Crisis
PIK: Increase in heatwaves in western Europe linked to changes in the jet stream
Heatwaves over Europe have increased three to four times faster than in the rest of the northern mid-latitudes like e.g. the US or Canada, a new study finds. An international team of scientists looked at […]
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