An excellent analysis: “Profit shifting by multinational corporations doesn’t distort Ireland’s balance of payments; it constitutes Ireland’s balance of payments.”
Read here
Brad Setser: Tax Avoidance and the Irish Balance of Payments
Economics
DeStatis – German Recession: Stock of orders in manufacturing in February 2024: -5.8% year on year
The real (price adjusted) stock of orders in manufacturing was down 0.2% in February 2024 month on month after seasonal and calendar adjustment, according to provisional figures of the Federal Statistical Office (Destatis). The calendar […]
Climate Crisis
Claudia Horn: Europe Needs to Radicalise Its Climate Policies in Response to the Energy Crisis
The EU is watering down its tepid ecological reforms as energy prices soar. Read the article HERE.
EU politics
Kyiv Independent: French Navy boards Russia’s ‘shadow fleet’ oil tanker in Mediterranean Sea, Macron says
French Navy boarded a so-called Russian “shadow fleet” oil tanker on Jan. 22, French President Emmanuel Macron said on X. Read Article HERE The action took place on the high seas in the Mediterranean and […]
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