SYDNEY and KUALA LUMPUR, Sep 20 (IPS) - Policymakers have become obsessed with achieving low inflation. Many central banks adopt inflation targeting (IT) monetary policy (MP) frameworks in various ways. Some have mandates to keep inflation at 2% over the medium term. Many believe this ensures sustained long-term prosperity.
Read the full story, “Inflation Targeting Farce: High Costs, Moot Benefits”, on globalissues.org →
MEXICO CITY, Sep 19 (IPS) - The Mexico City government began testing an elevated route for electric buses with great fanfare on Sept. 11, in a bid to promote more sustainable transport. The initiative is part of an incipient promotion of electromobility in the country, amidst pro-fossil fuel energy policies.
Read the full story, “Mexico's Electric Mobility, Stuck in Fossil Fuel Traffic”, on globalissues.org →