'Feels pretty good': Oil and gas investment in Canada to hit $40 billion in 2023, CAPP says
Up 11 per cent from last year, but still well off levels in 2014 when oil prices last boomed
CALGARY — Investment in oil and gas production in Canada will jump by 11 per cent to hit $40 billion in 2023, the country’s largest fossil fuel industry group said Wednesday.
An enormous debt bomb threatens the US federal government and the nation’s financial system unless warring politicians can agree on a plan to defuse it. However, there are even bigger debt bombs ticking away beneath us all, of which fewer people are aware. It may be impossible to disarm all of them, but action is required to minimize the casualties.
Let’s start by focusing on the immediate US debt threat, then widen our view to take in longer-term and more serious liabilities that have the potential to bring down the entire global industrial economy.
Germany benefited from the cancellation of most of its debt as of February 27, 1953 (...) no other country has received such a favourable treatment. - Eric Toussaint
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27.2.2023
Open Letter to Christian Lindner, Finance Minister of Germany
Seattle has become the first US city to ban discrimination based on caste after a vote by the city council.
Councilwoman Kshama Sawant, who wrote the legislation, said the fight against caste bias "is deeply connected to the fight against all forms of oppression".
"Our government is working tirelessly to pad the multibillion-dollar profits of domestic agribusiness corporations by pushing GE corn," said one U.S. environmental group.
Environmental groups on Tuesday accused the Biden administration of putting the profits of big agribusiness over public health and critical pollinators by attempting to obstruct the Mexican government's ongoing push to ban genetically engineered corn.
Last year’s combined $200bn profit for the ‘big five’ oil and gas companies brings little hope of driving down emissions
While 2022 inflicted hardship upon many people around the world due to soaring inflation, climate-driven disasters and war, the year was lucrative on an unprecedented scale for the fossil fuel industry, with the five largest western oil and gas companies alone making a combined $200bn in profits.
