What U.S. Africa Command Doesn’t Want You to Know | naked capitalism
Yves here. It might be easy to dismiss the run-around Nick Turse has gotten in trying to obtain basic information about the US military presence in Africa, namely the number…
Pelosi Demolishes The Myth That Democrats Aren’t Talking About The Economy
Speaker Pelosi destroying the myth that Democrats have only been talking about abortion and not the economy. Video of Pelosi on Face The Nation: [embedded content] Pelosi said when she…
‘Good Vibes Only’: Why Toxic Positivity Is Slowly Killing Us | naked capitalism
Lambert here: Here at Naked Capitalism, “toxic positivity” is not problem. But in case you ever encounter it…. By Nicole Karlis, an Oakland-based staff writer at Salon, where she writes…
Reuters reveals on IMF meetings, providing unmatched insight into the next set of crucial ECB policy decisions – Reuters News Agency
Economy 12 October 2022, 7:17 pm. 1 minute By Reuters News Agency Reuters first reported that European Central Bank (ECB) policy-makers are closing in on a rule preventing commercial banks from making…
Debunking Net Zero, Carbon Offsets, Nature-Based Solutions, Climate Smart Agriculture, Bioeconomy… | naked capitalism
Yves here. We’ve repeatedly challenged various brave green future schemes as rearranging deck chairs on the Titanic. Advanced and major emerging economies need to engage in radical conservation to have…
It No Longer Makes Sense for the Bank of England to be Independent | naked capitalism
Yves here. Note that the notion that the Bank of England is independent is more due to deference than law. For instance, Richard Murphy has repeatedly called for its Governor,…
After a Storm, Britain’s Economy Finds Itself Rudderless
The departure of Prime Minister Liz Truss raises uncertainty in a country searching for answers to soaring inflation and stagnant growth.
Links 10/21/2022 | naked capitalism
Heaviest Bony Fish Ever Measured Is a Wheel-Shaped Behemoth Scientific American Dozens of ancient viruses are ‘switched on’ in healthy cells throughout our bodies Live Science Transition Theory Phenomenal World…
Italian Utility Giant Enel Needs a €16 Billion Lifeline, As Its Derivatives Hedges Backfire | naked capitalism
Enel is one of 70 energy companies in Italy that could end up needing a state-guaranteed credit line, as derivative hedges blow out. Which is likely to place even further…
In Just 44 Days, Liz Truss Has Made the UK Immeasurably Worse | naked capitalism
Yves here. It’s not clear how the UK can pull itself out of its current mess, independent of the damage done by rapidly-departing PM Liz Truss. It was already facing…