Category Archives: Europe

Another Town Is Possible: Community Wealth Building in the Basque Country

Yves here. Readers sometimes ask for success stories to show that there are possible paths out our present economic and social morass. The Basque has long operated a collective ownership model centered around Mondragon. And it has been successful in protecting the community from economic crises. I was in Portugal and Spain, by happenstance doing […]

Brexit: Running Down the Clock?

Brexit is not going much of anywhere, and it still isn’t clear if this is by accident or design.

Key CIA-Backed Ally Indicted for Organ Trade Murder Scheme

A sordid example of what happens when the CIA is willing to get in bed with just about anyone to advance what it sees as US interests.

Yanis Varoufakis: Interview with Léa El Azzi on Capitalism After the Pandemic, Europe, Greece, Lebanon & the IMF

A discussion of the state of capitailsm, with a European/Lebanase slant.

Bayer Agrees to $10.9 Billion Glyphosate Settlement

Bayer agrees to $10.9 billion glyphosate settlement, resolving much pending US litigation. The company still faces European woes.

Massive Credit Losses to Hit European Banks in Q2 and into 2021, Particularly When Debt Moratoriums Are Lifted

Keeping tabs on the wobbly state of EU banks.

Italy Once Again on the Eurozone Worry List

A new tsunami of bad debts washes ashore in Italy while banks are still struggling with the debris from the prior deluge of bad debts.

Food Security: UN Warns People Are Vulnerable to Shortages as the COVID-19 Pandemic Continues

United Nations warns about food security, particularly for the world’s poorest, as the COVID-19 recession overwhelms the globe.

The European Union Still Hasn’t Considered an Economic Proposal That Can Save It

The European Union has not reached a “Hamiltonian moment.” Its plans are too little, too late, hamstrung by institutional barriers to economic recovery.

EU Stimulus Fakery as Brexit Stumbles Forward

The news on the EU and UK fronts is less than promising. It looks good only compared to rampaging cops on this side of the pond.

Heiner Flassbeck: The Euro Arrangement Is Faulty

Heiner Flassbeck shows it defies macroeconomic logic to promote surpluses for Germany, prohibit government deficits everywhere else and forbid the central bank from acting as the central bank of each Euro member.

Political Scientist Tom Ferguson on Big Money and Social Conflicts in the Covid-19 Era

An incisive take from the no-holds-barred Tom Ferguson.

Study: Hunters Kill Birds During Their Annual Migrations Through the East Asian-Australasian Flyway

Study: hunters slaughter birds as the undertake their annual migrations in chokepoints along the East Asian-Australasian Flyway.

Yanis Varoufakis: Have Merkel & Macron Just Announced a Eurobond-Funded Godsend for the EU?

There’s not a lot of there there in a proposed EU rescue scheme.

Brexit: Posturing and Impasse

More Brexit chest-thumping.