Will Europe manage to redefine its place in the world geopolitical order? With Russia’s invasion of the Ukraine and rising tensions with China, circumstances oblige it to do so, but hesitations are emerging.
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Austerity
Bill Mitchell: The German government celebrates its record surplus while infrastructure collapses
Germany’s EU wrecking team is at it again. Scholz also announced that there will be no extra spending for the European Green Deal today. Read here
Economics
Ann Pettifor: Reclaiming Central Banks
Fifty years ago, a US president closed the gold window, ended capital controls, and launched a new era of globalized finance. The “Nixon Shock” reshaped the international monetary system overnight, and then gradually changed the […]
EU politics
Maurizio Molinari: Italy’s battle with Brussels is about more than money
The unlikely coalition running Italy has one thing that unites it – hostility to the EU Read here
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