Fearless commentary on finance, economics, politics and power

Things are going from bad to worse for Ukraine, and at an accelerating pace too.

Though firms passed rising upstream costs on to retailers at similar absolute rates, the increases for low-end products are disproportionately large when measured in percentages – a pattern with real consequences for consumers.

Yves here. While there is a lot of merit in the latest discussion between Radhika Desai and Micheal Hudson on their favorite topic of mutlipolarity, I feel compelled to correct some imprecisions. The video depicts the “German government” as having “raised” the debt brake but then “not being allowed” with no depiction of agency, to […]

How English added capital, capitalist, and capitalism to its word hoard.

Over the past three years, FTC and Department of Justice officials have signaled they would apply more scrutiny to private equity acquisitions in health care, including roll-up deals in which larger provider groups buy smaller groups in a local market.

he Pentagon is still at it! Keeps using bad books helps cover for getting more than it is entitled to.

A call to stand against the slaughter in Gaza.

~ Today’s Water Cooler ~

COP28 may toy with wide-ranging reforms needed to arrest a climate disaster. But arguablly necessary governance structures seem unattainable.

As tensions rise in the Essequibo territorial dispute, Brazil sends reinforcements to its northern border, Venezuela holds a referendum on whether to annex the region and Guyana mulls hosting US military bases.

Why did so many Dutch citizens vote for the far-right Geert Wilders?