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Category Archives: Economy

Regeneration Banking & Finance Fossil Fuels

Banking on Climate Chaos – Fossil Fuel Finance Report 2021: “This report analyzes fossil fuel financing from the world’s 60 largest commercial and investment banks — aggregating their leading roles in lending and underwriting of debt and equity issuances — and finds that these banks poured a total of $3.8 trillion into fossil fuels from 2016–2020. Fossil fuel financing dropped 9% last year, parallel to the global drop in fossil fuel demand and production due to the COVID-19 pandemic. And yet 2020 levels remained higher than in 2016, the year immediately following the adoption of the Paris Agreement. The overall fossil fuel financing trend of the last five years is still heading definitively in the wrong direction, reinforcing the need for banks to establish policies that lock in the fossil fuel financing declines of 2020, lest they snap back to business-as-usual in 2021…”

See also Regeneration Call to Action: “Find out if the institutions you are affiliated with invest in or loan to fossil fuels companies or companies that support drilling, mining, exploration, and extraction. If yes, ask them to divest. Whether a university, foundation, pension fund, local authority, faith-based organization, or company, there are ways to divest from fossil fuels. Join or organize a divestment campaign. Explore 350.org, Fossil Free, and Stop the Money Pipeline for details…”

UK publishes 10-year plan to become ‘A.I. superpower’ seeking to rival U.S. and China

CNBC: “The U.K. government on Wednesday released its 10-year plan to make the country a global “artificial intelligence superpower”, seeking to rival the likes of the U.S. and China. The so-called “National Artificial Intelligence Strategy” is designed to boost the use of AI among the nation’s businesses, attract international investment into British AI companies and… Continue Reading

TikTokers Are Trading Stocks By Copying What Members Of Congress Do

NPR: “Young investors have a new strategy: watching financial disclosures of sitting members of Congress for stock tips. Among a certain community of individual investors on TikTok, House Speaker Nancy Pelosi’s stock trading disclosures are a treasure trove. “Shouts out to Nancy Pelosi, the stock market’s biggest whale,” said user ‘ceowatchlist.’ Another said, “I’ve come… Continue Reading

Labor Shortage, Rising Passenger Volumes Drag on Airport Traveler Satisfaction

J.D. Power: “With weekly airline passenger volumes now reaching 75% or more of pre-pandemic levels, travelers have officially come back to North American airports. Unfortunately, according to the J.D. Power 2021 North America Airport Satisfaction Study, released today, many of them are arriving to find food, beverage and retail options severely limited as airports struggle… Continue Reading

Persuasive Legal Writing

Johnson, James A., Persuasive Legal Writing (June 1, 2021). Persuasive Legal Writing – Michigan Bar Journal, Sept.2021, Volume 100, No.8, Page 42-43., Available at SSRN: https://ssrn.com/abstract=3922852 “The most important tool in a consummate lawyer’s toolbox is the ability to communicate effectively, both verbally and in writing. Persuasive legal writing is knowing precisely what one wants… Continue Reading

Freedom in the World 2021 Democracy under Siege

 Freedom in the World 2021: “As a lethal pandemic, economic and physical insecurity, and violent conflict ravaged the world in 2020, democracy’s defenders sustained heavy new losses in their struggle against authoritarian foes, shifting the international balance in favor of tyranny. Incumbent leaders increasingly used force to crush opponents and settle scores, sometimes in the… Continue Reading

Rent Debt in America: Stabilizing Renters Is Key to Equitable Recovery

National Equity Atlas: “Our rent debt dashboard, produced in partnership with the Right to the City Alliance, equips policymakers and advocates with data on the extent and nature of rent debt in their communities to inform policies to eliminate debt and prevent the looming crisis of mass eviction. Mounting rent debt and the potential for mass… Continue Reading

Harms of AI

NBER – Harms of AI, Daron Acemoglu, Working Paper 29247 DOI 10.3386/w29247 Issue Date September 2021. “This essay discusses several potential economic, political and social costs of the current path of AI technologies. I argue that if AI continues to be deployed along its current trajectory and remains unregulated, it may produce various social, economic… Continue Reading

The Book Biz Tries to Avoid Supply Chain Disruptions

Publisher’s Weekly: “A BISG webinar held in early July sought to draw attention to the growing challenges in the book industry’s supply chain. Panelists pointed to shortages of truck drivers and trailers, congestion at the ports, and escalating transportation costs as factors that, in the words of David Hetherington, Book International’s v-p of global business… Continue Reading

America’s new remote-work havens: 20 cities that pursue faraway jobs

LinkedIn: “Jess Lupo loves Orlando, and not just because of the warm, sunny climate. It’s her old college town, and that means lots of friends from her days at the University of Central Florida are nearby.The job scene, however, is a little trickier, especially for ambitious college graduates like her. Orlando’s biggest employer is Disney… Continue Reading