Cross-posted from Brussels Morning (https://brusselsmorning.com)
The coronavirus pandemic is a setback for the environmental movement as it shows how governments can disrupting economic activity but fail to manage major economic transitions.
US President Joe Biden has brought new momentum to the climate change debate by calling on developed economies to scale up efforts to move away from fossil fuel-based economies. …
Cross-posted from Brussels Morning (https://brusselsmorning.com)
You could have guessed it: As soon as the end of the Corona crisis is in sight, the inflation alarmists of all countries come out of their holes painting horror scenarios of hyperinflation.
In the US, …
Cross-posted from Brussels Morning (https://brusselsmorning.com)
Last week, the Federal Statistical Office in Germany presented its first estimate for 2020’s gross domestic product (GDP). The statistical service forecasts a decline in economic output during the year of the coronavirus at 5%. In its press releases, …
Cross-posted from Brussels Morning (https://brusselsmorning.com)
There is no doubt that Switzerland is a currency manipulator; whether its behaviour is wrong or right is less clear. There are other surplus countries (with consistent current account surpluses) that also manipulate currencies and the US supports speculation, …
