We had one central bank – the Bank of Japan – defying the consensus of central banks, the IMF, and taking on the financial markets and holding interest rates unchanged for the duration of this episode to date.
Climate Crisis
New Scientist: Most schemes to capture and reuse carbon actually increase emissions
Carbon capture and utilisation technologies, which aim to pull carbon dioxide from the air and use it for emissions-lowering processes, emit more carbon than they remove Read Here Photo: Mm907 licensed under the Creative Commons […]
Climate Crisis
Daniel Tanuro – Ahmed al-Jaber carves his name in the history of capitalist smoke and mirrors
More reflections on COP28. In ‘International Viewpoint’. Read the article HERE.
Economics
Bill Mitchell – US Labour Market – cheering but it is too early to break out the champagne
The numbers filing for unemployment insurance continue to rise and now top 43.2 million since March 7, 2020. A further 1.9 million filed in the week ending May 30, 2020. Read here
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