Wolfgang Schäuble is the person who personified the so-called ‘die schwarze null’ (Black Zero) while finance Minister. His conduct as finance minister was an instrumental element in extending the GFC across the Eurozone. He is still influential in European politics and his latest Op Ed makes it clear that the austerity mindset is still alive and well despite the current relaxation of the Stability and Growth Pact rules during the pandemic.
Climate Crisis
Oxfam: Carbon emissions of richest 1% set to be 30 times the 1.5°C limit in 2030
The poorest half of the global population will still emit far below the 1.5°C-aligned level in 2030. The richest 1 percent and 10 percent of people are set to exceed this level by 30 times […]
EU politics
CUP: Detentions in a massive police operation against the Catalan pro-independence movement
Since early this morning 23rd of September, the Guardia Civil has arrested nine people by alleged actions of rebellion, sedition and terrorism in several places around Catalonia. Read here
Climate Crisis
Inside Climate News: As the Climate Crisis Grows, a Movement Gathers to Make ‘Ecocide’ an International Crime Against the Environment
International lawyers, environmentalists and a growing number of world leaders say “ecocide”—widespread destruction of the environment—would serve as a “moral red line” for the planet. Read here
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