An excellent analysis: “Profit shifting by multinational corporations doesn’t distort Ireland’s balance of payments; it constitutes Ireland’s balance of payments.”
Read here
Brad Setser: Tax Avoidance and the Irish Balance of Payments
Climate Crisis
Balkan Green Energy News: European carbon emission prices hit record highs, nearing EUR 100 per ton
The cost of a ton of CO2 within the EU’s Emissions Trading System reached an all-time intraday high of just below EUR 95 as the market is preparing for the possibility of crossing the EUR […]
Economics
Common Space: John McDonnell’s Ownership Fund, The Meidner Plan and the gradual transition to socialism
This is an interesting piece, especially providing a good insight in the Meidner Plan (if you do not know it, it alone is worth the read) and the Swedish economy . Read here
Climate Crisis
Politico: Trucking hell in Tyrol
Austria’s effort to cut down on truck traffic collides with the EU’s principle of freedom of movement. Read here
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