Trial begins for the "cum/ex" bankers accused of stealing €447m and trying for €60b

You know that late-stage capitalism is upon us when a financial scandal targeting €60 billion in fraud against public treasuries is lost in the noise of other scandals. Read the rest

The UK grew rich by looting the world; now it launders billions for other looters

The British empire was a globe-spanning criminal enterprise that produced vast riches for England (and, to a lesser extent, Scotland and Wales) by stealing the lands of others while slaughtering and enslaving them; today the empire is in decline and the UK is no longer reliant on direct looting. Read the rest