Published by Promoting Economic Pluralism
Reaching net-zero CO2 emissions by 2050, as prescribed by the Paris Agreement, is hard to imagine without a carbon tax. This column estimates that reaching the goal by carbon taxation …
The smokestack illusion: Who really pays for net zero Read More
Stephen Laughton and John Pye outline a means to an end of unemployment. One of the important ideas that has come out of Modern Monetary Theory, which is an economic …
Making a job guarantee work Read More
Outsourcing companies made an estimated £6bn in profit from public services last year, with close to 11% of all public expenditure going to these private firms. A new report by the …
Outsourcing Giants Made £6bn in Profit From UK’s Public Services Last Year Read More
The central theme of the BRICS bloc of nations is to push back against the global economic dominance of Western countries. That core value was very much at the centre …
What is BRICS Pay, and can it rival the West’s SWIFT payments system? Read More
President Donald Trump had been hearing the message loud and clear for weeks about the sweeping cryptocurrency bill being written in the Senate: to get it across the line, he would have to …
Trump agreed to new ethics rules to get a crypto bill across the line. But that might not be enough Read More
Gaza City, Gaza Strip – In a clothing shop in Gaza City’s Sheikh Radwan neighbourhood, Firas Zaqloul stands helplessly as he tries to pay for his purchases. The problem is that …
Gaza forced to use unreliable online payments amid ‘cash famine’ Read More
For decades, Liechtenstein has offered high-net-worth individuals a financial haven: political stability, institutions specializing in private banking, and favorable regulations for managing their wealth. But above all, this small country …
Liechtenstein, a haven of secrecy for the ultra-rich, is beginning to crumble Read More
Turkish President Recep Tayyip Erdoğan said on Tuesday that Iraq had offered to supply Turkey with up to 1 million barrels of oil a day as Iraqi Prime Minister Ali …
Iraq eyes supplying Turkey with 1 million oil barrels a day amid Hormuz crisis Read More
The European Commission has proposed reducing the capital requirements for the EU’s banks, in a move aimed at overhauling the regulatory framework introduced after the 2008 financial crisis. In a communication published …
Brussels proposes cuts to EU bank capital requirements Read More
The news came out just a few days ago: ADNOC Distribution, a petroleum retailer in Abu Dhabi, the capital of the United Arab Emirates, will take over energy giant Shell’s petrol …
Why Gulf states are investing billions in Africa Read More