The climate crisis is real. It’s not a drill. If we do nothing, Barcelona and the planet will become uninhabitable for future generations. In an effort to prevent that happening and mitigate the effects of the climate crisis in the city, Barcelona City Council has declared the Climate Emergency, with an action plan and a budget of 563 million euros to implement a hundred different measures. The goal is to halve greenhouse-gas emissions by 2030 in comparison to levels recorded in 1992, and to cut CO2 emissions by two million tonnes.
Economics
Bill Mitchell: The one-trick New Keynesian ponies are back in town
The deficit/debt and inflation phobes, the one-trick ponies, are increasingly coming out and attempting to force the debate back on their terms. Read here
Finance
Joana Ramiro: No One Should Have to Spend Most of Their Income on Rent
Renting a one-bedroom apartment in Lisbon costs a massive 63% of the average resident’s wage. Faced with one of Europe’s worst housing markets, Portugal’s government has proposed to subsidize rents — but critics say it’s […]
Geopolitics
Politico – Denmark PM bristles at Trump’s ‘need’ for Greenland after US strikes on Venezuela
Europeans look at Trump’s gangsterism and think ‘it will never happen here’, but it can. Read the full article HERE.
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