https://www.thehindu.com/news/national/kerala/vsdp-protests-with-bodies-in-front-of-bank-in-thiruvananthapuram/article69701974.ece Satheesh, a former contractor, had availed a business loan of around ₹64 lakh. However, the pandemic and the economic downturn brought his work to a halt, severely impacting his ability to repay the loan. Despite his worsening financial condition and health issues, the protesters allege the bank forced him to renew the loan, currently totalling over ₹1.5 crore.
A reminder that we have to continue our work on the Economic Alternatives Front.. and it is both the resistance and the constructive that is in play.
The entire theory of money and why is it that credit advanced is supposed to be the "commons" not adanied! https://www.youtube.com/@RichardJMurphy
Neoliberal economics is based on absurd assumptions and fantasies https://www.youtube.com/watch?v=uYyalJMXROw Richard J Murphy
Neoliberalism has dominated economics and politics for 45 years, despite being based on nothing more than myths, falsehoods, and fantasies that should have discredited the cult promoting it long ago. Richard Murphy is Emeritus Professor of Accounting Practice at Sheffield University Management School. He is director of Tax Research LLP and the author of the Funding the Future blog. His best-known book is ‘The Joy of Tax’.
https://www.youtube.com/@RichardJMurphy
https://www.taxresearch.org.uk/Blog/
How EU AI Act May Accelerate Compliance Regime for U.S. Enterprises
https://deloitte.wsj.com/riskandcompliance/how-eu-ai-act-may-accelerate-compliance-regime-for-u-s-enterprises-f2b429e2?mod=Deloitte_riskcomp_wsjarticle11_Native_SSFY25 The regulation’s risk-based hierarchy may affect organizations in the United States whose products and services affect EU citizens
The provisional law bans applications that are regarded as entailing unacceptable risk levels. These include uses that would lead to manipulation of human behavior, opinions, and decisions; classification of people based on their social behavior; and real-time remote biometric identification systems in publicly accessible spaces for law enforcement purposes, except in a limited number of cases.