When European Central Bank chief Mario Draghi left office last month, he was widely praised for “saving the euro.” But he did this at the expense of working people — exploiting the crisis to impose an ever more unbreakable austerity regime… Read More Saving Europe’s Bankers, Not Its Workers
In theory, this election campaign could be the opportunity to open up an adult debate on international trade – something that we have not had in the three years-plus since the EU referendum… Read More Brexit: Today Was the Day
Chinese Renminbi struggles forward in slow micro-steps… Read More US Dollar Status as Global Reserve Currency Slides
Draghi’s desperate shenanigans thicken… Read More Palace Revolt at the ECB, Legitimacy of Policy out the Window
Now they’re clamoring for this NIRP absurdity in the US. How will this end?… Read More How Negative Interest Rates Screw Up the Economy
A perfect storm is brewing which could soon hit Europe hard… Read More Enjoy The Holidays: Autumn Could Get Nasty
Welcome to the future of border security… Read More We Tested Europe’s New Lie Detector For Travellers — And Immediately Triggered a False Positive
Imam who masterminded the 2017 strike had been acting as an informant. The day after the Barcelona and Cambrils attacks, the intelligence file on the imam was reportedly wiped out… Read More Spanish Intelligence Knew of Terror Cell Ahead of Barcelona Attack, Say Reports
The markets are showing disconcerting parallels with late 2007… Read More Is There a Stealth Financial Crisis? Alarm Bells Are Ringing.
What is the author of “The Art of the Deal” to do when nobody wants to negotiate any more deals with the US, now knowing full well that the US always finds ways to renege on its obligations?… Read More The Death of the Liberal Idea
The Italian lender’s earnings have been hobbled by hidden losses and bad loans.… Read More What the ECB Didn’t Say About Monte dei Paschi’s Bailout
The ECB is letting the Italian government know that it won’t sit by and allow the Bank of Italy to sell off its gold reserves to help right the country’s troubled finances… Read More ECB To Italian Government: Your Gold Is Ours
