A new(ish) analysis shows that “fuel economy progress is stalling” amid the growing global popularity of SUVs and light trucks.
Read here
Geopolitics
Middle East Eye: UK’s Labour ‘backtracks’ on decision to drop objection to ICC arrest warrants
Earlier reports suggested the UK would drop its objection to an application for warrants targeting Israel’s PM Benjamin Netanyahu for war crimes. Read HERE
Austerity
Bill Mitchell: Japan national accounts – sales tax rise, growth collapses – as night follows day
Please also see Michael Roberts – Japan: Abenomics revisited Read here Tokyo, Japan. Photo by Francisco Diez. CC BY 2.0 via Wikimedia Commons.
Economics
Kate Mackenzie, Tim Sahay: The Gigantic Austerity Drive
We are quietly witnessing the largest shift to austerity undertaken in this century. Debt-strained developing countries are making further cuts to already ragged budgets, in many cases as they battle to meet punishing new conditions demanded by the […]
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