European shares flat as U.S. job data boost fades : Reuters


LONDON (Reuters) – European shares were mixed on Monday morning as optimism fuelled by a buoyant U.S. labour market and manufacturing faded, while a flurry of corporate news triggered sharp individual moves.

 

Source: European shares flat as U.S. job data boost fades : Reuters

Norman Finkelstein on the Coming Break-Up of American Zionism: Part 3


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Another audience member asks why it is that so many Palestinians survived in Israel, when the Israeli government was trying to cleans them. Finkelstein replies that in some areas, like Hebron, the Arab population survived because the Israelis needed them as workers. Galilee was mostly Christian, and the Arabs survived there because the Israelis were scared of offending the Vatican. And incidentally, their survival is further evidence that the cleansing of the Palestinians was not accidental, but was planned, as it wouldn’t have occurred otherwise. And some Palestinians survived by accident and sheer good fortune, like the Jews who survived the Holocaust.

Finkelstein also tackles the Holocaust industry, in response to another question from the audience. He is particularly incensed by this, as the descendant of Holocaust survivors himself. His father survived Auschwitz, while his mother survived that horrors of a succession of concentration and force labour camps. He makes…

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Vox Political: Bank of England Economist Says High Executive Pay Damages Economy


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Mike over at Vox Political has posted a piece about the remarks by Andy Haldane, the Chief Economist at the Bank of England, that Britain’s economy is being damaged by exorbitantly high executive pay. An article in the Independent notes that the average pay of FTSE 100 bosses is now 150 times that of the average UK worker. The Indie then went on to say

This large and growing remuneration gap, Mr Haldane said, “drive[s] a wedge between management and employees…that in turn erodes social capital. A company, like a country, whose physical and social capital is being eroded is one whose wealth-creation capacity is being impaired.”

Social capital refers to trust and relationships in a society and Mr Haldane argued this matters “every bit as much to wealth and well-being” as financial capital such as stocks and shares and other such assets.

It also reported that there have been…

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