Seven consecutive months of falling fossil fuel revenues suggests what may happen to other petrostates as the energy transition accelerates.
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Nick Ferris: plummeting Russian oil receipts herald the fall of a petrostate
Economics
Politico: Eurozone fell into recession as energy prices soared
Contraction over 2 consecutive quarters will complicate ECB’s job to battle inflation. What is worrying about this is the Eurostat, like Germany’s DeStatis, consistently initially publishes positive statistics, which later have to be retracted. This […]
Corruption
The Guardian: Car lobby opposes EU safety bid that ‘would save 1,300 lives a year’
What is another 1,300 lives? Car manufacturers already send hundreds of thousands of Europeans to early deaths with their cheating devices in diesel cars. This will end with Germany intervening and telling the EU they […]
EU politics
Atlantic Sentinel – Spain’s Electoral Commission Sidesteps Courts to Ban Catalan Leaders
Quim Torra is ordered to resign as Catalan president. Oriol Junqueras is not allowed to take his seat in the European Parliament. Democracy appears not to be functioning in Spain. All this under a Social […]
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