Pillage not development: Egypt’s military junta & the European public banks

(this article initially appeared in Bankwatch Mail 50) Bread, freedom, dignity, social justice. These were core demands articulated during the democratic and inspirational Egyptian revolution in Tahrir Square at the beginning of this year. Beyond this, there was widespread support for improved public services to the poor, a shift from subservience to US foreign policy,...

European Commission proposes increase in powers to control energy resources abroad; Libya next on the agenda

The European Commission has for the first time submitted proposals for a concerted public foreign energy policy – termed ‘External Energy Policy’ within Euro circles. The EU has been acting collectively to control oil & gas resources and transit routes for many years – financing pipelines with public funds, lobbying for access to African, Middle...