For 50 years Shell has avoided paying the damages it owes the victims of an oil spill in Nigeria

28 June 2021 | In 1970 Shell caused a huge oil spill in Nigeria. After finally being sentenced to pay damages to the affected community by the highest Nigerian court, Shell is now starting investor-state arbitration proceedings, to drag out the case even more, writes Juan Carlos Boué.

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Alexandre Mas: A famous economist is caught in a kafkaesque tribunal with no accusations and no due process (Updated)

16. 06. 2021 |The Spanish government is pursuing eminent economist Andreu Mas-Colell with unspecified accusations of misappropriation of public funds with regards to the Catalan referentum of 2017, even though he had been retired for years at that time, writes Princeton professor Alexandre Mas, his son, in this guest comment.

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Cash industry association slams banks’ war on cash in report to ECB-led working group on preserving cash

15. 06. 2021 | The hypocrisy of a working group led by the European Central Bank (ECB) on the preservation of cash, which is dominated by banks who at the same time continue to wage their war on cash, has been exposed by cash industry group ESTA in a report. ESTA sent the report to this working group – after it had recently left it in protest.

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Clash between banks and cash industry casts dark shadow on ECB’s “cash strategy”

03. 05. 2021 | As part of its rather secretly “announced” cash strategy, the European Central Bank (ECB) has commissioned a working group of interested organizations to catalogue problems of the cash cycle. A clash between banks and the cash industry association is casting doubt on the sincerity of the endeavour.

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Italy beware! MP Draghi has authored a toxic guide on how to restructure an economy

28 March 2021 | Mario Draghi has recently been put in charge of the Italian government without ever campaigning in a popular election. Have the parties who agreed to that done their due dilligence? Have they read Draghi’s recent guide to „Reviving and restructuring the corporate sector“. It boils down to: Let small companies go under, help private equity funds to strip the midsized ones of their assets and let the big ones take over.

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