Jacobin

The Toxic Finance Behind Europe’s Plans for Ukraine

Mar 8, 2026Far Left

When the euro crisis hit in early 2010, with Greece the first domino to fall, all it took to surmise that Europe had no intention of resolving the euro crisis was one good look at the toxic finance the EU concocted in response. Today one good look at the toxic finance the EU is deploying […]

Read Full Story at Source

Compare Perspectives

Found 8 stories

The Race to Rescue 8,000 Sailors Still Stranded Behind Hormuz

Bloomberg Politics

3 hours ago

The Race to Rescue 8,000 Sailors Still Stranded Behind Hormuz

After more than 100 days trapped in the Persian Gulf, thousands of seafarers are still waiting for a chance to sail out of the Strait of Hormuz.

Center

Read →

Europe Has Replaced Most US Cuts Within NATO, Top Commander Says

Bloomberg Politics

6 hours ago

Europe Has Replaced Most US Cuts Within NATO, Top Commander Says

European NATO allies have mostly replaced the assets that the US has cut from its rescue plans in case of a war in Europe, Deputy Supreme Allied Commander Europe Sir John Stringer said in an interview.

Center

Read →

Pay-to-play cycle behind GOP's corporate tax cuts exposed in new report

Raw Story

7 hours ago

Pay-to-play cycle behind GOP's corporate tax cuts exposed in new report

Major American corporations that benefited from tax cuts enacted last year by President Donald Trump and congressional Republicans are donating to the campaigns of GOP lawmakers who made the windfall possible.A report published Friday by Unrig Our Economy spotlights seven House Republicans who voted for the sprawling and unpopular GOP budget package, which extended tax breaks for corporations and wealthy Americans while inflicting unprecedented cuts on Medicaid and federal nutrition assistance—with disastrous consequences for millions of low-income families across the country.Rep. Mariannette Miller-Meeks (R-Iowa), one of the lawmakers featured in the new report, has received campaign donations from corporate PACs representing 3M, Amazon, Walmart, AT&T, and other companies that collectively received billions of dollars in tax breaks from the Republican law, which restored a provision allowing businesses to immediately write off new investments.Amazon saw its US income taxes fall by more than half last year due to the GOP law, even as the company’s profits grew. Unrig Our Economy noted that Amazon, whose PAC donated thousands to the Republicans spotlighted in the new report, has an effective federal tax rate of 1.37% following enactment of the budget law.Miller-Meeks, who has received at least $57,000 in donations from the PACs of companies that benefited from the 2025 law, issued a statement Thursday bragging about supporting “the largest tax cuts in American history,” not mentioning that the benefits will disproportionately flow to profitable corporations and the richest people in the country.“Thanks to the Republican tax law, corporations are receiving tax breaks, House Republicans are getting campaign cash, and working families are getting stuck with the bill,” the report states.Another Republican lawmaker featured in the report, Rob Bresnahan of Pennsylvania, received $2,500 in campaign donations from the PAC of FirstEnergy, which reaped $500 million in depreciation deductions thanks to the GOP tax law.“Bresnahan voted to give FirstEnergy hundreds of millions in tax breaks even after the company raised utility prices for his constituents,” Unrig Our Economy’s report observes.The report also points out that Bresnahan “owned stock in every single one” of the companies who contributed PAC money to his campaign following passage of the Republican budget package last summer.“This comes after Bresnahan has already faced scrutiny for dumping stock in Medicaid providers and selling off bonds in Pennsylvania hospitals before voting to slash Medicaid and put rural hospitals at risk,” the report notes.Leor Tal, Unrig Our Economy’s campaign director, said in a statement that “one year ago, House Republicans ripped away healthcare and food assistance from millions of Americans, so that corporations could get massive tax breaks.”“Now, many of those companies are dishing out PAC money to the Republicans listed in this report,” said Tal. “Republicans in Congress sold out many of their own constituents to help corporations get even richer. It’s time that House Republicans step up, do the right thing, and start fighting for working Americans—not giant corporations.”

Far Left

Read →

Hegseth reportedly pulled plug on troop cuts in europe

BizPac Review

9 hours ago

Hegseth reportedly pulled plug on troop cuts in europe

Secretary of War Pete Hegseth reportedly pulled the plug on plans to reduce U.S. troop counts in Europe, The Wall Street Journal reported. Hegseth’s plans were cancelled […]

Far Right

Read →

Live updates: Trump to headline Mount Rushmore’s celebrations; heat forces changes to National Mall event plans

The Hill News

10 hours ago

Live updates: Trump to headline Mount Rushmore’s celebrations; heat forces changes to National Mall event plans

People across the country are preparing to celebrate America’s 250th birthday this weekend — a process that has been made more challenging as event organizers scramble to deal with the extreme heat. President Trump is headed to South Dakota late on Friday, where he’s expected to make remarks at the Mount Rushmore National Memorial and…

Center

Read →

Israel Reportedly Planned to Assassinate Iranian Negotiators During Peace Talks

Truthout

12 hours ago

Israel Reportedly Planned to Assassinate Iranian Negotiators During Peace Talks

Israel allegedly plotted to derail talks by killing Iran's foreign minister and speaker of parliament against US wishes.

Far Left

Read →

Oppressive Heat Alters Plans for 250th Celebrations in Washington

NYT > U.S. > Politics

13 hours ago

Oppressive Heat Alters Plans for 250th Celebrations in Washington

The 100-degree-plus heat that has enveloped the nation’s capital shut down the Great American State Fair until 5 p.m. on Friday.

Center Left

Read →

July 4th events threatened by heat wave. And, Russia strikes on Ukraine's capital

NPR Topics: News

13 hours ago

July 4th events threatened by heat wave. And, Russia strikes on Ukraine's capital

July 4th events for America's milestone birthday are being threatened by a brutal heat wave. And, Russia has struck Ukraine's capital, killing several people in what it calls retaliatory attacks.

Center

Read →

The Toxic Finance Behind Europe’s Plans for Ukraine | ParallaxNews.io

The Toxic Finance Behind Europe’s Plans for Ukraine

Summary

Related Coverage

More Headlines From March 8, 2026

Jacobin

The Toxic Finance Behind Europe’s Plans for Ukraine

Compare Perspectives