At the end of July, Microsoft and Google’s parent company, Alphabet, presented their latest and relatively disappointing economic results blaming it on the macroeconomic distress. What may have gone unnoticed is that both companies referred to their clouds as the main engines of growth. The cloud was also responsible for Amazon’s better-than-expected quarterly results.
Continues to look to me to like the increased government deficit from the rate hikes, at the macro level, continues to support output and employment and is not triggering a recession as feared? Still a very high number- well above pre-Covid levels: Back to pre-Covid trend line: A slight decline for the month but still […]
Medhora has served on INET’s Board since 2012 and is a distinguished fellow and former president of the Centre for International Governance Innovation (CIGI).
October 4, 2022, (New York City) — The Institute for New Economic Thinking (INET) is pleased to announce the appointment of the new Chair of its Board of Directors.
“On behalf of the Board of Directors, I’m delighted to announce Rohinton P. Medhora as the Chair of the Board, who will be instrumental in the next phase of INET,” said INET’s President Rob Johnson (09-30-22).
INET’s outgoing Chair, Chris Canavan, served on the board for over a decade and as chair for four years. "We are grateful for his diligent service and Chairmanship,” said Johnson.
The reaction to the sabotage of three of the four Nord Stream 1 and 2 pipelines in four places on Monday, September 26, has focused on speculations about who did it and whether NATO will make a serious attempt to discover the answer. Yet instead of panic, there has been a great sigh of diplomatic Continue Reading
The post The Euro Without German Industry first appeared on Michael Hudson.
So far so good for Q3 that ended Sep 30- about in line with pre-Covid growth rates: Much like the US, much of the rest of the world is hiking rates with high debt/GDP and supporting their economies that had slowed from fiscal contraction with massive government interest payments- universal basic income for those who […]
The post Construction spending, GDP forecast, Canada PMI, earnings forecasts appeared first on Mosler Economics / Modern Monetary Theory.
After well over a decade of strategic activism in Los Angeles, Breed Street’s “last vendor” is celebrating a new statewide measure that gives street food vendors new rights and opportunities.
Signs are an important way for all workplaces to keep their staff safe. Signage is the most obvious way to identify any hazards or dangers. They are a government requirement in all workplaces and inspections are carried out to ensure these signs are placed in the correct spots and visible to avoid any issues. For…
The post Using Signage for Oil Worker Safety appeared first on Peak Oil.
Every company must offer a safe workplace for its employees, be it a small business or a large industrial plant. In a very large industrial context such as a manufacturing company, the installation of electrical cabinet vents is not enough to make the environment safe. It is also necessary to invest in the ventilation of the cabinet…
The post How to improve workplace safety with electrical cabinet vents appeared first on Peak Oil.
Lots of commodities to or near pre-Covid levels: Still looking lower but still positive and not yet indicating recession:
The post Commodity prices, PMI index appeared first on Mosler Economics / Modern Monetary Theory.
Developing a Black-focused birdwatching group for people of color in Michigan took a dogged willingness to bypass those standing "in the way."
As always, if you find value in this work I do, please consider helping me keep it sustainable by joining my weekly newsletter, Sparky’s List! You can get it in your inbox or read it on Patreon, the content is the same.
The legacy of redlining in Fresno isn’t just linked to housing access. It also has deadly effects on air quality and preterm birth.