Britain goes from one massive accounting scandal to the next. There are two parallels: The reports were egregiously wrong and the accounting firms earned loads of money for these reports.
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Economics
Bill Mitchell – US and UK fiscal stimulus supporting growth while the delays in the Eurozone lead to a double-dip recession
Fiscal support should always err on the side of ‘too much for too long’ rather than ‘too little for not long enough’. Read here
Climate Crisis
The Energy Mix: 10 of 13 ‘Flagship’ CCS Projects Failed to Deliver, IEEFA Analysis Concludes
After a half-century of research and development, carbon capture and storage projects are far more likely to fail than to succeed, and nearly three-quarters of the carbon dioxide they manage to capture each year is […]
Economics
DeStatis – German Recession: 19.3% flats were approved between January and August 2024
Destatis apparently did not wish to publish this article in English. So here are some extracts: 18 Ocotber 2024 Building permits for new buildings from January to August 2024 compared to the same period last […]
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