Climate Crisis
Bloomberg: Dutch Consider Budget Loophole to Boost Green Investments
Coalition talks in The Hague could set precedent for EU The Netherlands has traditionally opposed looser budget rules Read here
Bloomberg
Economics
Bloomberg: Australia Economist Steve Keen to Run for Parliament, Pursue MMT
Keen wants to revive ex-PM Robert Menzies’ economic golden era Would seek lower house prices, central bank digital currency Read here Parliament House in Canberra, Australia. Photographer: Rohan Thomson/Bloomberg
Climate Crisis
Bloomberg: Banks Warn They’re Not Ready for ECB’s Historic Climate Tests
Well, what a surprise. Let us see if there will be any fines. Read here
Climate Crisis
Bloomberg: Exxon’s Plan for Surging Carbon Emissions Revealed in Leaked Documents
Internal projections from one of world’s largest oil producers show an increase in its enormous contribution to global warming Read here
EU politics
Bloomberg – Merkel Pushes Back on Vaccine Patent Waiver in Clash With Biden
When the Trump reactionary high tide is in everyone looks liberal. Now that that tide is out the “Great Leader” of European liberal democracy is discovered to be skinny dipping. Read here
Economics
Bloomberg: Draghi Is Betting the House With Europe’s Biggest Stimulus Plan
Mario Draghi is using his position as Italian prime minister to deliver the one thing he could never conjure up when he was head of the European Central Bank: massive fiscal stimulus. Read here
Finance
Bloomberg – Deliveroo Sinks 31% in Setback to London Effort to Lure IPOs
Deliveroo Holdings Plc shares plunged as much as 31%, the worst performance in decades for a big U.K. initial public offering, dealing a blow to London’s efforts to establish itself as a hub for technology […]
Corruption
Bloomberg – Deep Rot in German Government: Audit Regulator Who Bought Wirecard Shares Faces Scrutiny
Anyone who knows much about the German political system knows how corrupt it is. German media hardly covers this as they know this will simply confirm the claims of the far-right AfD. Thus corruption increasingly […]
Climate Crisis
Bloomberg: UK lowest car sales in this century
The policies that European governments are not adopting to reduce car emissions are now being accomplished by the market. The question is if the same governments are going to continue subsidising the zombie car industry. […]
Climate Crisis
Bloomberg: How ‘Degrowth’ Pushes Climate and Well-Being Over GDP
In recent years, a group of economists, ecologists, and anthropologists has gained attention for trying to overturn a core tenet of economic policy — that growth is good for everyone. Known as the “degrowth” movement, […]