“When I say that I think the inflationary pressures are transitory, one shouldn’t conclude that means they are short-lived.”
Read here
Bill Mitchell: Euro area inflation is not accelerating out of control
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
Economics
Prem Sikka: 8 measures the government must take to save the economy from coronavirus
The stuttering economic response of the UK government to the coronavirus crisis is disappointing. Read here
EU politics
The Guardian – Catalonia corruption scandal: court orders party to repay €6.6m
This court decision and the resignation of Artur Mas last week will allow the Junts per Catalunya (Together for Catalonia) to eject much of its conservative, business interest ballast and move further to the left. […]
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