Davos: “They are loath to pay a living wage, but they will fund a philharmonic orchestra. They will ban unions, but they will organize a workshop on transparency in government.”
Read here
Branko Milanovic: Dutiful dirges of Davos
Corruption
El Nacional Cat. – Spain: Can former King Juan Carlos be tried for corruption?
Spain’s endemic corruption seems to have no limits. Read here
Finance
Larry Elliot: Is the Bank of England losing its way?
From The Guardian Central bank infallibility was always something of a myth. Much of the decline in inflation in the 1990s and early 2000s was due to globalisation rather than the brilliance of central bankers. […]
Climate Crisis
AFP: Governments risk ‘trillions’ in fossil fuel climate litigation
Governments which enact climate legislation risk being sued for trillions of dollars by fossil fuel companies seeking compensation for lost revenue and stranded assets, according to data that campaigners warn threaten pledges made at COP26. […]
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