Tour operators have been pressing for ever lower prices and their flights have been arriving with few passengers on board.
Read here
Economics
Bill Mitchell: Workers in UK enduring real wage cuts except the unproductive bankers
I would cut wages in banking and the other FIRE occupations – quite significantly. Read Here
Economics
Ashoka Mody: The IMF keeps making the same mistakes with its economic forecasts
IMF’s ‘Groundhog Day’ thinking means it is still too upbeat about global growth Read here
Sustainability
ICCT: Whac-A-Mole on the high seas: The curious case of ship emissions
Annual emissions from the world’s merchant fleet have reached 1.12bn tonnes of CO², or nearly 4.5% of all global emissions of this greenhouse gas. Read here
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