In effect, the EU has embraced a hyper-mercantilist, export-driven growth model, prioritising trade surpluses over internal economic development. This approach has come at the expense of both its own citizens, who face stagnating wages and underfunded public services, and its trading partners — most notably the United States — who have absorbed the EU’s export surpluses as part of an increasingly unbalanced global economic relationship.
Geopolitics
BBC: IOC bars Indonesia from hosting Olympic events over ban on Israeli athletes
Indonesia gets sanctioned before Israel. We need to decolonize sport urgently. Indonesia said it would not grant visas to the Israel team for the ongoing World Artistic Gymnastics Championships in Jakarta because of the country’s […]
EU politics
David Graeber – Why are european leaders backing this brutal attack against Kurdish Afrin?
The Turkish government feels it is critical to send the message to women across the Middle East that if they rise up for their rights, let alone rise up in arms, the likely result is […]
Economics
VOA News: EU Says Croatia Ready to Adopt Euro Currency in 2023
The European Commission said Wednesday that Croatia had met all the criteria to join the eurozone, paving the way for the country to become the single currency’s 20th member on January 1. Read Here
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