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Saving For a Space Ship

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  1. Not a single G20 country is in line with the Paris Agreement on climate, analysis shows https://edition.cnn.com/2021/09/15/world/climate-pledges-insufficient-cat-intl/index.html
  2. US, UK and Australia forge military alliance to counter China Aukus partnership will enable Australia to have nuclear-powered submarines for the first time https://www.theguardian.com/australia-news/2021/sep/15/australia-nuclear-powered-submarines-us-uk-security-partnership-aukus What a Collapse of China’s Evergrande Would Mean https://wolfstreet.com/2021/09/15/what-a-collapse-of-chinas-evergrande-would-mean/
  3. Press release End of temporary insolvency measures Temporary insolvency restrictions protections are being lifted and new targeted measures to support small business and commercial tenants introduced https://www.gov.uk/government/news/end-of-temporary-insolvency-measures
  4. "Aside from food prices, used car prices also continue to go up. They increased 4.9% between July and August, and have increased cumulatively by 18.4% since April 2021." https://www.theguardian.com/business/live/2021/sep/15/uk-inflation-jumps-boosted-higher-food-restaurant-prices-business-live
  5. end of the £20 a week UC benefit hike, when major inflation hits perhaps flooding . storms ove the winter may be the final straw Futurama - Death By Snu Snu
  6. Chinese ambassador to UK barred from British parliament Move agreed by Speakers of Commons and Lords follows imposition of sanctions on British MPs by Beijing https://www.theguardian.com/politics/2021/sep/14/chinese-ambassador-to-uk-barred-from-british-parliament
  7. China property giant Evergrande admits debt crisis as protesters besiege HQ Disgruntled investors voice anger at headquarters as company appoints advisers and says firesale of assets won’t cover debts https://www.theguardian.com/world/2021/sep/14/china-property-giant-evergrande-admits-debt-crisis-as-protesters-besiege-hq
  8. What a Collapse of China’s Evergrande Would Mean https://wolfstreet.com/2021/09/12/the-wolf-street-report-what-a-collapse-of-chinas-evergrande-would-mean/ UK planning last-ditch China climate talks to break impasse before Cop26 Exclusive: Crunch meeting of world leaders tabled for this month, with Xi key to success of climate summit https://www.theguardian.com/environment/2021/sep/10/uk-china-climate-talks-break-impasse-cop26
  9. not sure about bmw ... VW’s $2 billion penalty for diesel scam, Electrify America, builds electric charging network across US to boost EV market https://www.cnbc.com/2019/05/10/vws-2-billion-penalty-for-diesel-scam-builds-ev-charging-network-across-us.html
  10. BMW and Daimler pledge to keep prices high when chip crisis ends https://www.ft.com/content/f55a1d96-1146-4e17-88a9-1a0fbaf57de6?list=intlhomepage
  11. 660,000 jobs at risk as UK’s green investment lags TUC report says producers that don’t clean up operations will wither and die as rivals blaze trail towards carbon net zero https://www.theguardian.com/environment/2021/sep/11/660000-jobs-at-risk-as-uks-green-investment-lags
  12. How You can Fight Back against the Communist Party of China https://www.youtube.com/watch?v=Q3ehy-de3A0 How about starting a Uk low tech Micro factory ?
  13. UK ministers braced for ‘catastrophic’ end to welfare uplift -FT https://www.ft.com/content/ea096afa-7747-4763-811f-46e79dd41990 “The internal modelling of ending the UC uplift is catastrophic. Homelessness and poverty are likely to rise, and food banks usage will soar. .....more serious for prime minister Boris Johnson than the debate about social care." Ending universal credit boost will hit sickest areas the hardest, study shows New research finds scrapping the £1,000-a-year benefit uplift will ‘trigger mental illness and poorer health’ for thousands https://www.theguardian.com/society/2021/sep/10/ending-universal-credit-boost-will-hit-sickest-areas-the-hardest-study-shows
  14. "The Everything Shortage" At what point do these shortages become an emergency in the Uk , and require emergency powers to prevent disasters ? The Confederation of British Industries’ warned that these shortages could persist for two years, as reported by UK Investor Magazine earlier this week. “At first sight, talk of labour shortages seem odd,” said Danni Hewson, AJ Bell Financial Analyst. The UK reported 953,000 job vacancies as of June, while 1.6m people were unemployed and 1.9m remained on the furlough scheme. https://ukinvestormagazine.co.uk/three-key-stories-to-look-out-for-over-the-coming-week/
  15. All new homes in England to include electric car chargers https://www.thetimes.co.uk/article/all-new-homes-in-england-to-include-electric-car-chargers-ldjt0px7b
  16. The Process of Ending Massive Money Printing Has Started https://wolfstreet.com/2021/09/09/the-process-of-ending-massive-money-printing-has-started/
  17. Earth’s tipping points could be closer than we think. Our current plans won’t work https://www.theguardian.com/commentisfree/2021/sep/09/earths-tipping-points-closer-current-climate-plans-wont-work-global-heating from comments "There is too much to do and too little time to do it. Couple that with people dragging their feet and some morons believing that Jesus is coming back to save them (and therefore doing nothing to help the situation or actively resisting it) and you’ve got a perfect recipe for disaster. The time to act was 30 years ago. Now we have to do it on a war like setting or prepare for mitigation. "
  18. China property market rocked as giant Evergrande struggles to repay $300bn debts Shares in Hong Kong-listed firm slump 10% and bond trade suspended amid fears of contagion in shaky Chinese real estate market https://www.theguardian.com/world/2021/sep/09/china-property-market-evergrande-300bn-debt-share-slump
  19. Millions fear losing their homes as Covid help ends: Turn2Us https://www.mortgagestrategy.co.uk/news/millions-fear-losing-their-homes-as-covid-help-ends-turn2us/
  20. Audit office blames UK government for botched £1.5bn green homes scheme Spending watchdog says home insulation drive was fatally rushed and missed chance to cut heating bills and create jobs https://www.theguardian.com/environment/2021/sep/08/audit-office-blames-uk-government-for-botched-15bn-green-homes-scheme
  21. Why Britain's newbuilds are so ugly https://www.telegraph.co.uk/family/life/britains-newbuilds-ugly/
  22. Mark Farmer @MFarmer_Resi A global crisis is brewing for construction. Declining labour market resiliency across many developed economies has been showing itself for years but geopolitical trends and the pandemic have now laid bare how bad things really are Labour shortages threaten housing supply There is more demand than ever for new homes. But there are too few people to build them | Finance & economics economist.com DON HORTON, founder of America’s largest housebuilder, never thought he would have to turn away business in Texas. Until recently he could not build homes in the state fast enough. Now his firm is restricting sales as industry-wide shortages of labour and building materials such as timber slow construction and inflate costs. The combination of these constraints and surging demand for housing has led to staggering rises in house prices. According to figures published on August 31st the Case-Shiller national house-price index was 18.6% higher in June than a year earlier—the third record-breaking rise in as many months (see chart). But although the shortages of materials are expected to ease next year, skilled labour will be harder to find. As covid-19 spread and countries locked down, the construction workforce took a big hit. In America it shrank by nearly 15% in 2020, wiping out four years of job gains. But it has yet to recover fully, even as demand for housing has been turbo-charged by low interest rates and enthusiasm for bigger homes. Around 88% of American contractors say they are struggling to find workers, leaving nearly 300,000 roles vacant. Having decelerated in 2020, wage growth is now picking up. Britain has the most vacancies in two decades, with two-thirds of construction firms finding it difficult to hire bricklayers and carpenters. Half of all French construction firms report facing difficulties with recruitment, making it the country’s worst-affected sector, and a fifth of German building and civil-engineering companies say they lack skilled workers. The industry’s hiring struggles in part mirror the wider labour shortages affecting much of the rich world. As in other sectors, a fear of the virus and an ability to fall back on benefits and savings might explain why the unemployed have been slow to return to work. Travel restrictions across national and provincial borders to curb the pandemic have hit the construction sector, which relies heavily on migrants, especially hard. (That has been starkest in China and India, where migrants account for four-fifths and one-third of construction workers, respectively.) Long-standing factors are also contributing to the construction labour shortages. Homebuilders have struggled to maintain a consistent labour force since the global financial crisis of 2007-09. That in part reflects deeper changes to immigration laws, which have stemmed a once-steady stream of labour. Inflows of foreign workers into America, for instance, have been in decline since the introduction of anti-immigration policies by President Donald Trump. Just over 44,000 foreign-born workers entered the construction industry in 2017, a sharp drop compared with nearer 70,000 in the previous year. Similarly, the Office for National Statistics reckons that Britain has lost 42% of its European construction workers since its vote to leave the European Union, which signalled an end to the free movement of migrants from the EU into the country. Skills shortages are also compounded by an ageing workforce. Around 41% of construction workers in America are expected to retire within the next decade. One in five British workers is over the age of 55. Recruiters seeking talent, meanwhile, find slim pickings. High-school graduates of all income backgrounds avoid construction jobs, perceiving them to be dirty, dangerous and difficult. Less than one in ten young people in Britain would consider a career in construction, shunning even white-collar jobs in areas such as engineering, quantity surveying and town planning. Automation might have been one way to avert shortages of workers. But the industry has been slow to embrace it. Around half of construction businesses use robots, compared with 84% of automotive firms and 79% of manufacturing companies. Meanwhile, the shortages seem set only to intensify. Demand for workers looks likely to rise further, as governments promise both to build more houses and to help prepare the existing stock for a changing climate. Britain already requires 217,000 extra workers by 2025 to meet the government’s target of 300,000 new homes per year. Even more labour will be needed to retrofit 29m existing homes to meet net-zero carbon targets by 2050. Governments’ plans to spend on infrastructure in America and Europe could suck in workers and leave fewer to build houses. Job vacancies, construction delays, bosses’ headaches—all may go through the roof. ■
  23. European banks storing €20bn a year in tax havens Barclays and HSBC among banks booking money equivalent to 14% of annual profits in offshore entities https://www.theguardian.com/politics/2021/sep/06/european-banks-storing-20bn-a-year-in-tax-havens Outrageous, but nothing is suprising regarding the banks anymore, particuallry the 39% interest rates on overdrafts in a time of national crisis Chris Hedges | How Bankers ROBBED and ENSLAVED America https://www.youtube.com/watch?v=gZnwIyQjCOg
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