German economists are a bit slow, but the have come to the conclusion that was obvious for the past half year. And where their optimistic prognosis for 2025 and 2026 came from is not clear. Maybe this is the tribute you have to pay for government financial support.
Climate Crisis
Cam Simpson, Akshat Rathi, Saijel Kishan: MSCI, the largest ESG rating company, doesn’t even try to measure the impact of a corporation on the world. It’s all about whether the world might mess with the bottom line
Excellent piece on rampant ESG ‘green washing’ and the limits of existing taxonomies.This is the true contribution of the market to stopping climate change. Read here
Austerity
Grace Blakeley – How the unresolved eurozone crisis endangers us all
Germany’s commitment to austerity and its refusal to support fundamental reform of the euro is recklessly complacent. Read here
Corruption
George Monbiot: Secret coronavirus contracts awarded in UK without competition
Deals worth billions have been granted by a UK government willing to brazen out disgrace until outrage subsides. Read here
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