Munich Security Report: The war in Ukraine is part of the great power struggle against or for the Western-dominated global order. The Global South is beginning to shake off Western domination.
Economics
Bill Mitchell: Zero trading in 10-year Japanese government bonds signals Bank of Japan supremacy
The lack of trading in the 10-year JGB is a sign that the gamblers in the investment banks have given up their power play against the Bank of Japan. They have finally got the message […]
Climate Crisis
Politico – EU weighs outsourcing France-sized chunk of emission cuts to poorer nations
‘A loophole in the European Union’s climate target could see the bloc offshore to poorer nations pollution cuts exceeding the annual emissions of France and Belgium’. Read the article HERE.
Economics
Bill Mitchell: The British Chancellor cannot run short of sterling unless he chooses to do so
Despite knowing better, the British Chancellor continues the farce of “How shall we pay for this?” Read here
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