Tag: dividends

Avoiding a climate lockdown 🧐💭

Tina Marie (Ms. Cat)

As the world faces three major threats, namely the COVID-19 induced public health and economic crises as well as the ongoing climate emergency, the business world is in a position to make real positive change.

Avoiding a climate lockdown (original)

H/T: Kim Iversen—The Next Agenda

Related:

A green economic renewal after the COVID-19 crisis (PDF)

WEF: Paris Is Planning To Become A ’15-minute City’

15-minute city:

A 15-minute city is a residential urban concept in which most daily necessities can be accomplished by either walking or cycling from residents’ homes. The concept (see also the New Urbanism of the 1980s) is present, among many, in D’Acci’s Isobenefit Urbanism since 2013 (“The Isobenefit Urbanism approach aims to create cities in which each dweller can do her/his usual main daily activities by walking or at maximum biking”) was popularized by Paris mayor Anne Hidalgo and inspired by French-Colombian scientist Carlos Moreno who in 2016 coined the term. 15-minute cities are built from a series of 5-minute neighborhoods, also known as complete communities or walkable neighborhoods. The concept has been described as a “return to a local way of life”.

Railroads Have Invested Heavily in Congress. They Need Their Payoff in the Senate.

Tina Marie (Ms. Cat)

A showdown over a looming railroad strike heads to the Senate floor this week, after a group of progressive Democrats, led by Rep. Jamaal Bowman, D-N.Y., pushed to modify a tentative agreement to include seven days of sick leave. The expanded agreement passed the House 220-206 on Wednesday, and the fight now moves to the Senate, where it remains unclear if there is enough Republican support to overcome a filibuster and send the agreement to President Joe Biden’s desk.

Railroads Have Invested Heavily in Congress. They Need Their Payoff in the Senate.

Related:

Why America’s Railroads Refuse to Give Their Workers Paid Leave

The answer, in short, is “P.S.R.” — or precision-scheduled railroading

Neo-liberal Macron government in France pushes 2023 budget without parliamentary vote + French Labor Unrest Illustrates Worsening Economic Crisis Within the EU

Tina Marie (Ms. Cat)

The austerity-ridden budget was approved without a vote on after the government involved a controversial provision of the constitution. Earlier, left-wing MPs had passed several amendments to the government’s proposals

Neo-liberal Macron government in France pushes 2023 budget without parliamentary vote

Related:

French Labor Unrest Illustrates Worsening Economic Crisis Within the EU

While Fighting Workers, Railroads Made Over $10 Billion in Stock Buybacks

Tina Marie (Ms. Cat)

“Our research shows just how far railroad executives will go to funnel record profits to their shareholders—even if that means stagnant wages, inhumane attendance policies, and throwing our supply chain into further turmoil,” said one Groundwork Collaborative analyst.

While Fighting Workers, Railroads Made Over $10 Billion in Stock Buybacks

H/T: Unorthodox Truth

Calling a recession and blaming it on interest rates

Tina Marie (Ms. Cat)

The latest US GDP figures for second quarter of 2022 renewed the debate about whether the US economy was in a recession or not. Real GDP contracted in the second quarter of this year by a 0.9% annualised rate (or by 0.2% quarter over quarter). That meant the US economy had contracted for two successive quarters, and so ‘technically’ (by that definition) was in a recession. Real GDP is now up only 1.6% from Q2 2021. And business investment is slowing, up only 3.5% from this time last year, the slowest rate since the end of the COVID slump in 2020.

Calling a recession and blaming it on interest rates