'Don't Even Think About Selling': Mr. Gold Warns US 'Officially A Banana Republic'

UK's Ofcom To Investigate Complaints Of Climate-Change Denial Authored by Paul Homewood via notalotofpeopleknowthat blog, This is frightening. Indeed it is truly Orwellian... From the Guardian: A U-turn by the UK’s broadcasting regulator Ofcom means it will investigate complaints of climate change denial on television and radio for the first time since 2017. The move marks a victory for campaigners who have accused the regulator of allowing some broadcasters “to spout dangerous climate lies” and “flout” rules on accuracy and impartiality. Complaints about programmes on TalkTV and TalkRadio were assessed by Ofcom, which then decided not...

Fed's Favorite Inflation Indicator Ticks Up In July As Americans Suddenly Start Saving More Following the CPI and PPI internals, this morning's PCE data should not offer too many surprises with expectations for the headline price Index to rise just 0.1% MoM in July (after deflating for the first time since COVID in June). The (old) Fed's favorite inflation indicator - Core PCE (a measure of price changes in consumer goods and services that excludes volatile food and energy costs) - printed in line with expectations (+0.2% MoM and +3.3% YoY),...

Europeans Pay The Most For Public Transport Creating and maintaining reliable, efficient and affordable public transportation networks is crucial for developing a more sustainable mobility sector worldwide, though challenges vary by region. In Europe, gaps are most evident in rural areas, where low population density limits service frequency. In North America, many cities also suffer from fragmented public transport systems, making car dependency widespread in both rural and urban areas. In Latin America and South Asia, semi-formal systems such as minibuses are an important and affordable part of transport networks, but often lack reliability and...