Treasury Secretary Scott Bessent had a schizophrenic Thursday. Asked on CNBC why oil had jumped on the administration’s latest Iran threats, he professed bewilderment: “I’m not sure why oil has popped up on this.” In separate remarks the same day he went further — “We’ve got a spike in oil prices today that I don’t really understand” — and waved the move away as noise. Apparently he forgot that this was hours after he had announced that the United States would keep its naval blockade and impose what he called the toughest sanctions in history on Iran, adding, “This will work.” It was a day after Trump had promised the “MOST CRUSHING ECONOMIC OPERATION EVER TAKEN AGAINST ANY COUNTRY!“
EU politics
ekathimerini.com: Austerity violated Greeks’ right to food, new report concludes
Austerity violated Greeks’ right to food, new report concludes: “structural reforms that “significantly tipped the balance in favor of larger food retailers and private traders to the detriment of small-scale producers.”” Read here
Climate Crisis
fern: The Forest Strategy must support people, nature and the climate, and not bow to industry pressure
The EU “Brown Deal” is not about stopping climate change but protecting the profits of corporations. Read here
EU politics
Nick Shaxson: Britain can’t prosper as a tax haven. It has to stop these hollow threats
There is nothing good to be said about tax-havens, except by those very few that profit from them. Britain’s threat to become Europe’s turbo tax-haven, should it not receive a good deal from the EU, […]
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