A recent study of 14 advanced economies found that 81% of the rise in house prices is attributable to land, not the dwellings that rest on it.
Food Production
George Monbiot: Mass starvation is humanity’s fate if we keep flogging the land to death
The Earth cannot accommodate our need and greed for food. We must change our diet before it’s too late Read here
Finance
VoxEU: Currency denomination of foreign exchange reserves – from taboo in the past towards disclosure and exciting research nowadays
There has been a growing trend towards more disclosure by central banks on the currency denomination of their foreign exchange reserves. Read HERE
Economics
Eurostat: Business investment decreases to 23.2% in the euro area
The EU’s V-Recovery is unstoppable! The business investment rate in the euro area decreased to 23.2%, compared with 25.3% in the first quarter of 2020, reflecting the decrease of the gross fixed capital formation by […]
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