The 13th annual Banking on Climate Chaos report exposes the stark disparity between public climate commitments being made by the world’s largest banks, and the reality of business-as-usual financing to the fossil fuel industry.
Since 2017, Positive Money Europe has been vocally criticizing the way in which the ECB’s corporate quantitative easing programme (CSPP) benefits mainly massive multinational corporations, and in particular those contributing most to climate change.
Despite North Dakota’s collapsing oil market, its state-owned bank continues to report record profits. How could California following that lead?
The new Greek political party, known as Syriza, the Coalition of the Radical Left, has done the unthinkable
A few stories from a single issue of the Financial Times show how little things have changed, and how few lessons have been learned, since the 2008 financial crisis.
The second in a 3-part series of teleseminars on economic transformation. Only a fundamental shift in the design of the monetary and banking systems will allow for a viable way of addressing increasing inequality, the mounting problem of public and private debt and make possible a shift towards a sustainable steady-state economy that works for everybody and is compatible with environmental stewardship.
"Antifragile" is a word you can’t find in the dictionary. Nassim Nicholas Taleb, author and student of probability and risk, coined the word because, after looking at languages across the world, he could not find a word which describes the ability to improve with stress rather than merely resist it as the word "resilient" implies.
Many people remain stunned that the vast and powerful American economy could have experienced such profound and enduring setbacks over the last five years. How could this have happened? Who is to blame? And could it happen again?