Higher sea levels will push the water table up with them, causing flooding, contamination, and all manner of unseen chaos.
Economics
Richard Murphy: The government does not spend taxpayers’ money: that clears the government’s debt to the Bank of England
Richard Murphy explains that taxes do not finance govenment spending, but helps to pay down debts. A government creates it own funds or borrows money when it needs it. The idea that a government cannot […]
Economics
Middle East Eye: Oil-rich Saudi Arabia doubles import of discounted Russian fuel
Another brilliant victory in the US led economic war against Russia: As Biden visits Riyadh, seeking an increase in oil supply to global markets, data reveals the kingdom imported 647,000 tonnes of fuel from Moscow […]
Austerity
Simon Wren-Lewis: The economic and political cost of UK austerity
While George Osborne is crowing about the success of austerity, Simon Wren-lewis examines the high costs of Osborne’s failed economic policy. Read here
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