Why have central bankers in continued to hike interest rates, especially when the most direct measure of the situation – the actual inflation rate – has been abating for months in most jurisdictions?
National Politics
Thomas Fazi – Angela Merkel: mother of German decline
Sober analysis of Angela Merkel’s Memoir. In Unherd. Read the article HERE.
Climate Crisis
PIK: Germany’s Greenhouse Gas Emissions Increase
Germany’s Federal Environment Agency (Umweltbundesamt) has released its greenhouse gas emissions report 2021 for Germany. Unlike global emissions, German emissions have not reached another record high, but have risen nonetheless. Read Here
Economics
Bill Mitchell: The ECB is facing a crisis – rising inflation and risk of Member State insolvency – how to make a problem
The only thing that keeps the currency union intact is the ECB acting outside of the legal structures set down by the treaties Read here
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