Peru’s prime minister, Mirtha Vásquez, claims that Repsol “apparently” did not even have a contingency plan in place for an oil spill.
Recent Items
Monday, January 19, 2026
Peru Sues Spanish Oil Giant Repsol for Billions After “Worst Ever” Oil Spill
Topics: Guest Post
Posted by Nick Corbishley at 6:41 am | 2 Comments »
When Central Bank Saviours Are the Problem
Countries around the world will suffer from central bank malpractice as the Fed and its peers act as if they can treat supply side inflation
Topics: Commodities, Doomsday scenarios, Dubious statistics, Economic fundamentals, Energy markets, Federal Reserve, Globalization, Guest Post, Pandemic, Politics, Russia, The dismal science
Posted by Yves Smith at 6:29 am | 26 Comments »
The Surprising Benefits of Voting for Change
A look at the impact of voting incumbents out of office.
Topics: Banana republic, Guest Post, Politics, Social policy
Posted by Yves Smith at 6:28 am | 32 Comments »
Seventeen States Sue EPA for Allowing California to Set Tougher Vehicle Emissions Standards
Seventeen Republican AGs sued to overturn EPA waiver allowing California to set tougher vehicale emissions standards.
Topics: Auto industry, Environment, Global warming, Legal, Politics, Regulations and regulators
Posted by Jerri-Lynn Scofield at 2:55 pm | 31 Comments »
2:00PM Water Cooler 5/16/2022
~ Today’s Water Cooler ~
Topics: Water Cooler
Posted by Lambert Strether at 2:00 pm | 125 Comments »
Links 5/16/2022
Topics: Guest Post, Links
Posted by Jerri-Lynn Scofield at 6:55 am | 244 Comments »
The Super Immunity of Our Fabulously Wealthy Corporate Dictators
Ralph Nader on corporate legal immunity.
Topics: Banana republic, Income disparity, Legal, Politics, Regulations and regulators, Ridiculously obvious scams
Posted by Jerri-Lynn Scofield at 6:50 am | 30 Comments »
Inflation Freakout and Possible Fed Overshoot
There’s a lot of nattering about inflation and not enough insight.
Topics: Commodities, Dubious statistics, Economic fundamentals, Energy markets, Federal Reserve, Free markets and their discontents, Health care, Income disparity, Macroeconomic policy, Pandemic, Politics, Russia
Posted by Yves Smith at 6:15 am | 71 Comments »
Attention Deficit Disorder, The Anticapitalist Condition
Is this hyperbole: “Attention deficit disorder is the neurological condition of late capitalism.”
Topics: Guest Post, Health care, Science and the scientific method
Posted by Yves Smith at 4:21 am | 61 Comments »
Plastic Watch: Nanoplastics and Coffee Cups
Yet another reason to dispense with disposable coffee cups: nanoplastics, which are ingested when the coffee is drunk. The health implications of their ubiquity is unknown and has not yet been well-studied.
Topics: Doomsday scenarios, Environment, Guest Post, Science and the scientific method
Posted by Jerri-Lynn Scofield at 10:55 am | 32 Comments »
Links 5/15/2022
Topics: Guest Post, Links
Posted by Jerri-Lynn Scofield at 6:55 am | 246 Comments »
What the Next Australian Government Must Do to Save the Great Barrier Reef
After four bleaching events in the last seven years, is it too late to save the Great Barrier Reef? Time is running out to get serious about climate change.
Topics: Australia, Doomsday scenarios, Environment, Global warming, Politics, Regulations and regulators
Posted by Jerri-Lynn Scofield at 6:50 am | 10 Comments »
Links 5/14/2022
Topics: Links
Posted by Yves Smith at 6:55 am | 328 Comments »
As the Planet Warms, Let’s Be Clear: We Are Sacrificing Lives for Profits
Climate change is the result of a deadly calculus: human lives are worth risking and even losing over the profits of global corporations.
Topics: Doomsday scenarios, Economic fundamentals, Energy markets, Free markets and their discontents, Global warming, Guest Post, Politics
Posted by Yves Smith at 6:53 am | 118 Comments »
Book Review: The Toxic Legacy of DDT
In “How to Sell a Poison,” Elena Conis chronicles the history of DDT and its lasting impact.
Topics: Doomsday scenarios, Environment, Free markets and their discontents, Guest Post, Politics, Regulations and regulators, Species loss
Posted by Yves Smith at 6:45 am | 23 Comments »



