Under the United Nations Convention on the Law of the Sea (UNCLOS), ratified by 167 countries plus the European Union, mining in the deep sea—an area covering 54 per cent of the world’s oceans—is banned. Agreed in 1982, the deal was that the ban would be lifted when there were international agreements on protection of the marine environment and on the sharing of benefits from … [Read more...] about Europe must unite to stop deep-sea resource grab
The left must abandon high tax policies
For the past century, social democrats have supported a model of society in which high and progressive taxes on income and consumption have been justified as the means of reducing inequality and poverty, while paying for a growing array of state benefits and public services. For many decades, that prescription served them well, assuring regular electoral victories. Since … [Read more...] about The left must abandon high tax policies