The reduction in global absolute poverty has stalled. In Adam Tooze’s Substack.
Read the article HERE.
Adam Tooze – Chartbook 330: Africa & absolute poverty in an era of polycrisis
Economics
Bloomberg: MMT Has Been Around for Decades. Here’s Why It Just Caught Fire
U.S. budget already deep in the red, and markets have shrugged Trump, Ocasio-Cortez and Japan also offer support for MMT case Read here
Finance
Tax Justice Network: OECD reform weak on corporate tax havens, harsh on poorer countries
Hopes dashed as OECD’s reform plans expected to reduce profits booked in corporate tax havens by only 5 per cent Additional tax recovered from corporate tax havens will mainly benefit richest countries, while lower-middle income […]
EU politics
Politico – Europe’s socialists and liberals call truce with von der Leyen ahead of no-confidence vote
The centrists always protect the powerful in the end. Read the article HERE.
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