As Bitcoin prices rise, so will the incentive to mine it, creating a feedback loop that spells trouble for the climate.
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Economics
Bill Mitchell: The current inflationary period is not remotely like the 1970s
The problem is that central bankers keep referring to wage-price spirals and expectations to justify their decisions to hike rates. The reality is that those justifications are just smokescreens and there is no justification for […]
Energy
Shweta Sharma – Europe buying Russian oil via India at record rates in 2023 despite Ukraine war
‘India is benefiting from importing cut-price Russian oil amid European sanctions – and also selling that same oil to EU markets at full price once it has been refined’. In The Independent. Read the article […]
EU politics
France 24: Swedish PM Magdalena Andersson resigns after far-right election win
Liberal Democracy is losing its grip in Europe as its neo-liberal policies savage Europe. Read Here
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