Once again we learn that QE has not helped the real economy, just bailed out the banks and corporations
Read here
Bill Mitchell: Bank of England finds QE did not increase bank lending: who would have thought
Geopolitics
Sean Mathews – Iran receives Chinese surface-to-air missile batteries after Israel ceasefire deal
The Islamic Republic is trading oil for Chinese air defence missiles as it looks to rebuild capabilities destroyed by Israel, sources say Read Article HERE
Economics
Bill Mitchell: A progressive European superstate will never come to pass
“A progressive European superstate will never come to pass” Read here
Climate Crisis
The Guardian: ‘From coal to clean’ – UK does not need to turn to gas, says WWF
A World Wildlife Foundation report suggests renewables, battery storage, and flexible technologies can replace coal plants, without having to introduce gas power plants to cover the transition. This is something new. Read here
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