Germany among 13 countries accusing Commission of leaving them out of $1bn agreement to assist Tunisia in curbing crossings to Europe
Climate Crisis
EEB: One in, one out ‘biggest threat’ to European Green Deal
Environmental groups have slammed Ursula von der Leyen’s proposed “One in, one out” approach to new EU legislation describing it as the “biggest threat to EU climate and environmental action”. Read here
Finance
Oxfam: OECD Inclusive Framework agrees two-pronged tax reform and 15 percent global minimum tax: Oxfam reaction
15% global minimum corporate tax rate (130 of 139 nations have agreed) “no more than a G7-money grab. Rich countries are forcing developing countries to choose between a raw deal or no deal…another form of […]
Economics
Bill Mitchell: The absurdity of the current monetary policy dominance exposed
I repeat my position on dealing with the current inflation: 1. Hold interest rates constant (as in Japan). 2. Do not expand fiscal policy significantly. 3. Provide fiscal support to the low-income families. 4. Watch […]
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