Checking soaring executive pay is necessary for reducing income inequalities, but the government continually fails to address the issue.
Read here
Economics
Reuters: Spanish manufacturing shrinks in June at fastest rate in six years – PMI
As Juan Laborda writes here the Spanish government under pressure from the EU is leading Spain into a recession. Read here
Climate Crisis
AFP: Governments risk ‘trillions’ in fossil fuel climate litigation
Governments which enact climate legislation risk being sued for trillions of dollars by fossil fuel companies seeking compensation for lost revenue and stranded assets, according to data that campaigners warn threaten pledges made at COP26. […]
Geopolitics
bne IntelliNews: Europe buys Russia’s entire share of Yamal LNG exports in February
Europe bought every single shipment of LNG produced by Russia’s Yamal LNG plant in February — first time since April 2018 that the EU accounted for 100% of exports from the Arctic facility. Read Article […]
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