“Shocking data”: according to the Corriere della Sera, the main Italian newspaper, “the cold has disappeared” as a result of climate change and last year, the Guardian tells us, heatwaves…
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In Italy, the spotlight on tax evasion, and therefore on the need to fight it, turns on whenever the government needs additional resources to finance expenses. To avoid upsetting voters,…
There is no European Financial Safety Net, and therefore no Global Financial Safety Net
Introduction Financial regulators frequently refer to the Global Financial Safety Net, or GFSN, as the bulwark against a repeat of the Global Financial Crisis and the Eurozone crisis 2007-13. The…
The vast majority of organizations are ethically responsible, as well as are their employees, managers and shareholders. Worldwide, there are countless examples of ethically responsible companies. And this also applies…
Introduction Financial regulators and governments have made much of their success in restoring the global financial system to a state of stability after the Global Financial Crisis and the Eurozone…
Cars are bad. More cars mean more accidents, pollution, climate change and congestion. Less cars are the way to go, whatever it takes. Or so the story goes. In 1999…
On 25 April 2023, the European Parliament passed the Net-Zero Industry Act (NZIA) as a significant component of the Green Deal Industrial Plan, with 361 votes in favor, 121 against,…
Government interventions and over-borrowing have prepared the way for a re-run of the Global Financial Crisis
Introduction We recently wrote that the enormous losses being handed to taxpayers by Western central banks were in effect the second part of the same bill for the Global Financial…
Soaring prices continue to weigh on Moroccan households, eroding their real income and causing growing discontent among unions. Over the past two years, consumer prices have risen by 6.6% and…
Taxpayer bailouts of central banks and after the Global Financial Crisis
Introduction Governments made major interventions to shore up the financial system during the Global Financial Crisis, which lasted from 2007 until the end of the Eurozone crisis in 2012. These…