In the US, mortgage applications are now down 50% and at the lowest levels since 1994. Credit card defaults rates are higher than in 2008. Is the debt bubble about to burst?
Read the article HERE.
Ann Pettifor: On the bursting of bubbles
Climate Crisis
New Scientist: UN says global carbon emissions set to rise 16 per cent by 2030
A UN analysis from 17 September revealed a bleak upward trajectory for global carbon dioxide emissions, despite new CO2-curbing plans by scores of countries, including major emitters such as the US and the European Union’s […]
Economics
Kate Mackenzie, Tim Sahay: Trading Order
, Export Bans. Sanctions. Investment screens. The liberal trading order has been weaponized; security, not efficiency, is the new watchword. And yet, 2023 has seen an all-time high of goods traded across borders. Even bilateral […]
Economics
The Palestine Chronicle: Overwhelming Majority – Norway’s Largest Trade Union Votes for Boycott of Israel
The decision was passed with an overwhelming 88 percent majority during the labor federation’s national congress. Read Article HERE
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