The CEO of steelmaker Cleveland-Cliffs just cast doubt on the viability of a huge green steel project (despite $500m in federal funding). Here's what this reveals about decarbonization and corporate America
The CEO of Cleveland-Cliffs cast doubt on a new mill funded in part by $500 million in federal grants. What does that say about corporate commitments to decarbonization?
World economy faces pressures similar to 1920s slump, warns Christine Lagarde on.ft.com/3Zt6sFd
ECB president highlights parallels between two eras but says modern central bankers have tools to manage structural change
Finally, after weeks of trailing, my UK-EU reset paper is out today. Why both the UK and EU need that - because this is a large relationship. What both should do differently from the past. How they should work together. And the many reasons it might not work… ecipe.org/publications...
Ten key points to negotiating the UK-EU relationshipEurope has been weakened by difficult UK-EU relations at a time of international challenge. Eight years after the Brexit referendum a new UK gover
Chips plan imploding - stalled Intel in Germany & Poland www.politico.eu/article/inte...
EU semiconductor struggles are a bad omen for industrial policy plans.
Good coverage of Monday’s #ItIsOurIndustry@industrialleurope.bsky.socialwww.brusselstimes.com/1227739/soon...
"It's a shame that when the government provides funding to companies, the companies have no obligation in return. That's no good."
"People, skills & preparedness"... replaces Jobs and Social Rights 😡 What a signal to working people! "People" need high quality jobs and respect for rights at work - whether to its for social or economic strength of Europe Here's the full list www.politico.eu/article/ursu...
European Commission president hands out the all-important portfolios for the next five years.
"People, skills & preparedness"... replaces Jobs and Social Rights 😡 What a signal to working people! "People" need high quality jobs and respect for rights at work - whether to its for social or economic strength of Europe Here's the full list www.politico.eu/article/ursu...
European Commission president hands out the all-important portfolios for the next five years.
Corporations spent ~$800 BILLION on stock buybacks last year. Why? Follow the money. Stock-based pay made up 70% of executive compensation last year. Stock buybacks are a scam to make the richest even richer. It’s no wonder they used to be banned.