“Western economies depend on a massive net appropriation of resources from the global South. This is a travesty of justice. But it is also a point of leverage. At any moment, the South could cut off this flow of wealth. It is within their power to do so.”
Economics
Frances Coppola: Everything You’ve Been Told About Government Debt Is Wrong
A brilliant piece that demonstrates that the Swabian Hausfrau may be very efficent for the household, but has nothing to do with national finances. Read here
Climate Crisis
Euractiv: Netherlands to ban fossil heating from 2026, make heat pumps mandatory
The Netherlands bans new natural gas heating systems, requiring heat pumps, hybrids, or district heating by 2026. Subsidies for installing clean heat accompany the ban. Huge move in a country where gas currently provides 70% […]
EU politics
Reuters: Spain’s Basques form 202-km human chain to call for independence vote
It appears democracy is catching up with the Spanish central government in Madrid. First in Catalonia now in the Basque conuntry. Read here
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