The extreme heat and drought that has been roasting a vast swath of southern China for at least 70 straight days has no parallel in modern record-keeping in China, or elsewhere around the world for that matter.
Climate Crisis
Corporate Europe Observatory: Stop the revolving door: fossil fuel policy influencers
We are already feeling the impacts of the climate emergency, with record-breaking storms, floods, droughts and fires. Over two-thirds of man-made greenhouse gas emissions come from the fossil fuel industry, and its capture of our […]
Economics
Bill Mitchell: IMF holds a religious gathering in Tokyo – to keep the troops in line
The IMF joint hosted a conference in Tokyo last week – Fiscal Policy and Sovereign Debt – and the continues its misinformation campaign on the ‘dangers’ of public debt. The conference claimed that it brought […]
Economics
The Upshot: Is Capital or Labor Winning at Your Favorite Company? Introducing the Marx Ratio
An interesting article, but there are a number of caveats, as the author himself points out. Read here
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