A bipartisan bill that would create a trade-balancing exchange rate for the dollar also aims to reduce foreign purchases of certain U.S. assets.
Read here
Climate Crisis
Irene Casado Sanchez, Jackie Botts – A program meant to help developing nations fight climate change is funneling billions of dollars back to rich countries
‘Climate finance’ from the global north to the global south is just high-interest loans, sometimes tied to obligations to source materials for green projects from rich countries. In ‘Reuters’. Read the article HERE.
Economics
Thomas Fazi: Integration by coup(s): a counter-history of the EU
The text of the talk I gave yesterday at the full-house launch of my latest MCC Brussels report: “The silent coup: the European Commission’s power grab” Read HERE
EU politics
CityLab: Barcelona Forces Banks to Turn Repossessed Homes Into Affordable Housing
To address a housing shortage, Spain’s second city says bank-owned properties can no longer sit empty. Read here
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