Did Italy And Malta Actually Agree To Swap Oil Rights For Refugees?
Accusations by a Maltese political leader that Malta and Italy engaged in an oil-for-refugees swap has gotten legalistic responses.
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The Consequences of Brexit for UK Trade and Living Standards
The economic consequences of leaving the EU are at the heart of the Brexit debate. This column studies how changes in trade and fiscal transfers to the EU following Brexit would affect living standards in the UK. Across a range of scenarios, Brexit leads to lower income per capita, but the magnitude of the loss depends on what trade policies the UK adopts post-Brexit. To minimise the economic costs of Brexit, the UK would have to remain closely integrated into the Single Market.
Read more...New Zealand’s FMA, the Breder Suasso Conundrum, Mossack Fonseca, and #panamapapers
A quick look at Breder Suasso, a New Zealand FSP with historic links to disreputable Panamanian law firm Mossack Fonseca
Read more...Leaked Memo Reveals IMF (Still) Wants Out of Greece Bailout and Plots to Pressure Germany to Act
A new leak shows the IMF as the least bad actor of the Troika, which given its record as a neoliberal fist in third world countries, speaks volumes about European politics.
Read more...Is the Oil Price-GDP Link Broken?
Explanations of the oil price decline are starting to acknowledge deflationary factors, even though the “d” word seems to be outside the pale .
Read more...Brexit: This is What We Call a Muppet Show
An update on the Brexit referendum.
Read more...The US is Beginning to Dominate Global Investment Banking: Implications for Europe
Europe’s banks are in retreat from playing a global investment banking role.
Read more...Don Quijones: Brexit Meltdown at the Bank of England
The current and former governors of the Bank of England are singing from very different hymnals on the subject of Brexit.
Read more...The Refugee Crisis: A European Call for Action
A proposal for how to overcome the lack of consensus in Europe over the refugee crisis.
Read more...The Rationale Behind Russia’s Withdrawal From Syria
Russia has already secured important aims in Syria.
Read more...Mathew D. Rose: Chancellor Merkel Victrix
Merkel took a big setback in Sunday’s regional elections, but what do they portend?
Read more...Silvia Merler: ECB TLTRO 2.0 – Lending at Negative Rates
On Thursday, the ECB surprised observers by announcing a new series of four targeted longer-term refinancing operations (TLTRO II) to be started in June 2016. The incentive structure of the programme has changed: on one hand, this TLTRO II could be the first case of lending at negative rates; on the other hand, the link with lending to the real economy might have been weakened.
Read more...Brexit Endangers London’s Status as a Financial Hub
Brexit could damage London’s attractiveness as the centre of European banking, as an entry point to the EU and as a global financial hub.
Read more...HSBC’s Money Laundering Nightmare (2): Mossack Fonseca, a Year in Words and Pictures, March 2015-March 2016
Mossack Fonseca and its trail of street protests: they are in it up to their thighs, and HSBC’s Stuart Gulliver has “no idea”.
Read more...John Helmer: US War Aim Fails, Putin Gains, Medvedev Loses
Approval ratings for Putin remain high despite corruption scandals because they believe no one is as capable of defending them against the US
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