EU

It’s not Brexit but “Deutsche-it” you want to worry about

While everyone is endlessly told about the world-ending dangers of Brexit, I wonder if we should be paying a little more attention to “Deutsche-it”.  If the UK leaves the EU the EU will survive.  But what happens when – and surely it’s no longer if – but when Deutsche Bank, Germany’s biggest and only truly …

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Trade deals and Investment Treaties – How companies can sue whole nations and win.

This is the title of a fringe session I will be doing at the Green Party Conference at St George’s Hall, Liverpool, at 17.00 on Sat. the 1st March. The blurb for the session reads: Inside trade deals like the TTIP between the US and  EU are Bilateral Investment Treaties. There are now over 3000 …

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‘Cranky Extremists’ – The Bully-boy Chorus begins.

Predictably the bully-boy chorus, shouting insults and threats at the Greek people, has begun to swell.  One of the UKs best known Tory Bully-boys, Ken Clark, Justice Secretary(!), recently described those Greek politicians who are opposed to the terms of the EU enforced austerity measures, as “cranky extremists”. The object of this jibe was, of …

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Bond market today

Just a quick bond market note. ftse was down about 40 points this morning as were all the other European markets. Mid morning they all went vertically up. The reason, as Market Watch printed as a headline, “Portugal sale helps spirit”. This was the news that Portugal managed to sell about one billion euros of …

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