The left should embrace de-growth, but it’s the rich that need to sacrifice…
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Climate Crisis
Irene Casado Sanchez, Jackie Botts – A program meant to help developing nations fight climate change is funneling billions of dollars back to rich countries
‘Climate finance’ from the global north to the global south is just high-interest loans, sometimes tied to obligations to source materials for green projects from rich countries. In ‘Reuters’. Read the article HERE.
Austerity
Bill Mitchell: Ireland – not as rosy as the official story might suggest
Ireland has made itself look ridiculous. Official figures showed the Irish economy grew by an unbelievable 26pc in 2016 – more than three times faster than first thought. This was quickly dismissed by economists as “farcical”. […]
Economics
Eurostat: September Industrial production down by 6.9% in the euro area and by 6.1% in the EU year on year
Recession? What recession? Read HERE
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