Yanis Varoufakis: Time to Blow Up the Electricity Markets
How the EU’s neoliberal Rube Goldberg electricity market has made the energy shortage problem much worse than it needed to be.
Read more...Category Archives: Europe
Using the Payments System to Enforce an Russian Oil Price Cap Likely to Cause Supply Shock
The G7 plans to use its payments system to enforce a Russian oil price cap, because that worked so well in the shock and awe sanctions.
Read more...Speculation Over What Russia Does Next
Russia, as in Putin, is under pressure to amp up the Ukraine war. Will he be able to hold out?
Read more...Olaf Scholz and Vladimir Putin Talk Past Each Other as Ukraine Pushes for Formalizing Ukraine’s NATO Lite Status
NATO is saber-rattling at Putin and the Russian leadership. Will Russia escalate or wait to see NATO’s cards?
Read more...Why The EU Is Struggling To Bring Its Energy Crisis Under Control
Why the EU is hitting a wall.
Read more...Final Opinion Polls Before the Italian Elections Show Parties Are Out of Step With Voters on Russia Sanctions
The final opinion before the 25 September Italian elections show that Italian political parties are disconnected from the electorate on the issue of sanctions on Russia.
Read more...Real Estate Booms Are Behind Europe’s Productivity Divergence
The lack of real convergence between countries in Europe is a major obstacle to the proper functioning of the Euro area.
Read more...EU Wrangling Over Energy Plans That Amount to Band-Aid Over Gunshot Wound
Even with energy-hungry businesses shuttering or reducting operations, most EU officials don’t grasp how bad things will become.
Read more...NATO, Russia, Energy Put Balkans on Edge
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Read more...“Lehman Event” Looms For Europe As Energy Companies Face $1.5 Trillion in Margin Calls
Why energy price spikes are threatening the financial system. And any derivatives bailout will take prescedence over businesses and housholds.
Read more...Europe’s Economic Controlled Flight Into Terrain
More on Europe’s economic suicide.
Read more...European Stainless Steel Mills Are Closing Due To Energy Crisis
Stainless steel mills are now keeling over due to energy price spikes. Who will be next to fall?
Read more...How France Underdevelops Africa
Most French colonies in Africa became independent in the 60s. But most are in poverty, much worse off than other African economies.
Read more...We Could Massively Reduce the Price of Energy in the UK – By Changing the Way We Regulate Energy Prices
A remedy for the UK/EU energy price shock is changing price rules. But can those fixes be implemented soon enough?
Read more...Will Europe Go Down to Defeat Before Ukraine?
Europe has succeeded in hurting itself to hurt Russia, to the degree that a full bore economic and financial crisis seems inevitable.
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