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.
Geopolitics
Thomas Keith: The Israeli Diamond Exchange, a refinery for global atrocity, hit by Iranian missile
On Thursday, 19 June, in Ramat Gan, one of the most heavily damaged areas was the district surrounding the Israeli Diamond Exchange, a high-security zone packed with office towers, showrooms, and financial firms. A missile […]
Geopolitics
Avi Shlaim: Israel, From Genocide to Self-Destruction
The genocide in Gaza radicalizes Zionism’s long-standing colonial project. But Israeli leaders’ open rejection of any future possibility of a Palestinian state have undercut their own international legitimacy. Read Article HERE
Economics
Bill Mitchell – Is the $US900 billion stimulus in the US likely to overheat the economy
Comments made last week by the former Clinton, Obama and now Biden economist Lawrence Summers contesting whether it was sensible for the US government to provide a $US2,000 once-off, means-tested payments was met with widespread […]
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