Economics
Bloomberg: Germany’s Economy Runs on Low Wages
The European giant can rely on an army of poorly paid workers to weather a downturn. Read here
Bloomberg
Corruption
Bloomberg: KPMG, EY Reported to Police Amid Danish Laundering Probes
The big four auditing companies are caught up in almost every major financial scandal in Europe. Now in Denmark. Read here
Economics
Bloomberg: Italy Raises Deficit Target, Risking Fresh Conflict With The EU
Does this really surprise anyone? Read here
EU politics
Bloomberg: The Brexit Deal Is Just Too Good for Europe
Not the sort of thing we are reading in state and corporate media – except for maybe the Loony Right. Read here
Economics
Bloomberg: MMT Has Been Around for Decades. Here’s Why It Just Caught Fire
U.S. budget already deep in the red, and markets have shrugged Trump, Ocasio-Cortez and Japan also offer support for MMT case Read here
EU politics
Bloomberg: A Truly Terrible Idea for Deutsche Bank
A Commerzbank merger would make a mockery of the EU’s hopes to avoid lenders that are “too big to fail” – and the bloc’s plans for a banking union. Read here
EU politics
Bloomberg: Cornwall Pub-Hand Shortage Shows the Future of Work After Brexit
PIf only half of this is true, then this contradicts Project Fear and confirms the working class who voted for Brexit: a lack of cheap EU migrants to exploit means that hospitality bosses are having […]
Corruption
Bloomberg: France, Germany Reach Compromise on Watered-Down Technology Tax
And even this will probably not be enacted into law. As usual the nationalist Germans have only one concern: protecting German companies. Read here
EU politics
Bloomberg: The French Have Another Reason to Be Angry at Emmanuel Macron
This is probably the only sensible thing Macron has done up to now, but his dirigiste manner has not bothered to convince voters, nor do the additional taxes appear to be destined to improve public […]
EU politics
Bloomberg: Spain´s notorious Supreme Court: Banks Win Mortgage Tax Reprieve
Thanks to the Catalan independence movement we are realising how politicised and reactionary Spain´s justice system is. Also see this Read here