A long-standing effort to make big investment funds abide by the same rules that banks and brokerages follow has bogged down. The fund industry says it supports the rules — it just has a few quibbles.
EU politics
France 24: Sporadic clashes as Yellow Vests march to Montmartre for ‘Act 19’ of protests
“The 4-month-old movement drew bigger crowds Saturday than in recent weeks”. Austerity is not on the decline. Why should the giletes jaunes give up? As the May EU elections near, liberal democrats will become nervous. […]
Economics
Bill Mitchell: The divide between mainstream macro and MMT is irreconcilable – Part 1
It is noticeable that the economic mainstream is becoming increasingly uncomfortable by the increased interest in Modern Monetary Theory. Bill Mitchell is right. There appears to be an effort to co-opt Modern Monetary Theory under […]
Climate Crisis
Energy Monitor: Investor lawsuits could slow the energy transition
Investor-state dispute settlements could allow fossil fuel investors to slow government plans. Read here
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