Europe needs helicopter money to cope with the severe upcoming recession while avoiding a massive unsustainable debt burden. As soon as the economic recovery phase starts, the ECB should boost consumption in a fair way by sending money directly to all citizens.
Prospectors for new oil and gas reserves in Greenland can forget it: The arctic island government plans to stop issuing new licenses, saying it takes the “climate crisis seriously.” Read here
Corporate cover-ups go right to the top, writes accounting expert Professor Prem Sikka. Read here
Over the past year, Russia has cut gas exports to the EU by 75%, violating long-standing supply contracts. Yet the EU is paying as much for Russian gas as it did before prices rose last […]
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