If an ordinary Russian loses half of his pension or salary because of the fall in the rouble and inflation caused by the sanctions, then there is no recourse, no court where he can complain. On the other hand, if you want to deprive an oligarch with 100 million euros of half his fortune, then there are multiple procedures to challenge the decision, and very often you don’t pay anything.
Austerity
www.parliament.uk: Carillion paid out £6.4mill to advisors before £10mill taxpayer bailout
The collapse of Carillion, one of the UK’s largest leading construction and service companies, has resulted in important analyses concerning transferring public services to private companies. One of its directors claimed that putting money into […]
Energy
Greg Ford: Three months of banking profits could prevent a ‘fossil subprime’ crisis
Finance Watch’s latest report explores the impact of adjusting banks’ capital requirements for fossil fuel exposures Read Here
Economics
Prem Sikka: How successive British governments have created a new rentier economy
Governments appease corporations and the super-rich by following the old policies which benefit a few. Read Article HERE Licensed under the Open Government Licence version 1.0
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