Economics
DeStatis – Germany: Real earnings down 4.1% in 2022 year on year
Real earnings down for the third consecutive year in 2022. German workers once again supporting German mercantlism by accepting wage cuts. Read Here
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Globalisation
Ben Wray: The Battle to Control Microchip Supplies Will Define the Twenty-First Century
Review of Chris Miller’s new book ‘Chip War: The Fight for the World’s Most Critical Technology’ in Jacobin. Read the article HERE.
Energy
Energy Monitor: Net-zero corporate pledges deliver only 40% emissions reductions – report
Companies such as Nestlé, Carrefour, Unilever and E.ON are using false, misleading or ambiguous green claims to avoid meaningful action on climate change, finds a joint NewClimate Institute and Carbon Market Watch report Read Here […]
Tax
Andres Knobel: Roadmap to Effective Beneficial Ownership Transparency (REBOT)
This is Tax Justice Network’s vision for beneficial ownership frameworks that achieve truly effective transparency. It will be regularly updated. Read Here
Uncategorized
Matt Karp: We can’t ignore class dealignment
Data shows left-wing politics is increasingly isolated from its traditional base among the working class. Read the article HERE.
Media
Francesca Newton: Journalists Are Being Arrested Under Anti-Protest Laws
In Tribune magazine, Francesca Newton finds that the UK Government’s draconian anti-protest laws are being used to arrest journalists reporting on demonstrations. Read the article HERE.
Economics
Heiner Flassbeck, Friederike Spiecker – The ECB’s interest rate hike is a grandiose mistake
The ECB’s decision on 2 February to raise interest rates again by 0.5 percentage points and to announce an equally large increase for March will go down in history as a grand misjudgement. Although it […]
Economics
Shaun Richards – Central bankers are experiencing a complete loss of credibility
Central banks have lost control of both the narrative and the markets. Read Here
Corruption
Kyiv Independent: EU to announce 400 million euro assistance package for Ukraine
This explains Ukraine’s sudden burst of arrests for corruption. Read Here
Economics
Heiner Flassback – Bundesbank: Monetarism is alive – just a little bit
In its latest monthly report, the German Bundesbank, formally a regional branch of the ECB, devoted a long essay to the relationship between money supply development and inflation. The result is meagre. Read Here