Blogger The General Theorist wonders whether Christine Lagarde’s patchy performance as managing director of the IMF qualifies her for the trickier role of president of the European Central Bank. “The assumption that Lagarde is a like-for-like replacement of Mario Draghi is a huge misreading of her track-record.”
Climate Crisis
Food Navigator: Ukraine war detonates EU food security debate, but will sustainability be collateral damage?
The Russian invasion of Ukraine has prompted calls for more heed to be paid to EU food security. But, as agriculture ministers discuss the possibility of putting more land to the plough, environmental experts warn […]
Economics
Bill Mitchell: The inflation backtracking from the central bankers and others is gathering pace
Why have central bankers in continued to hike interest rates, especially when the most direct measure of the situation – the actual inflation rate – has been abating for months in most jurisdictions? Read HERE
Climate Crisis
Politico: Supercharged storm wrecks Greece’s breadbasket for years to come
Flooded region of Thessaly produces a quarter of the country’s food. Read HERE
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