The salary raise challenge

Setting the minimum salary at 950 euros per month, from €780 today, and the average at €1,500 from €1,176.5 in end-2022 and €1,184 in end-May, is one of the key objectives of New Democracy, which is widely expected to win another four-year term in the elections this Sunday.

China cuts two benchmark rates to prop up economy

China's Central Bank yesterday cut two benchmark interest rates, following several similar measures in recent days in a bid to counter the post-COVID growth slowdown in the world's second-largest economy.

Last week, the People's Bank of China (PBoC) lowered two other key rates and pumped billions into financial markets, as fresh data showed the economy continued to struggle.

America’s wars and the US debt crisis

In the year 2000, the US government debt was $3.5 trillion, equal to 35% of the country's gross domestic product (GDP). By 2022, the debt was $24 trillion, equal to 95% of GDP. The US debt is soaring, hence America's current debt crisis. Yet both Republicans and Democrats are missing the solution: stopping America's wars of choice and slashing military outlays.

Closing the gaps

The gaps in the system that allow so much tax evasion to go unchecked, even when it comes to electronic transactions, have been pointed out again and again.