Since the financial crisis the number of people employed in local government in the UK has been declining and currently stands at the lowest level since 1963.
In contrast, central government employment is at a record high.
Interesting article about a company you probably haven’t heard of, but one that owns far more onshore oil and gas wells than Exxon.
The strategy is one of buying old “dying” wells to squeeze more life out of them.
The company isn’t short on controversy – the environmental cost of such wells is high (they leak gas) and once done they need to be plugged, which the company seems to do at a fraction of the cost of others.
Interesting contrast in a world of rising energy costs.
“A member of the CCP’s seven-man Politburo Standing Committee, he is China’s top ideological theorist, quietly credited as being the “ideas man” behind each of Xi’s signature political concepts, including the “China Dream,” the anti-corruption campaign, the Belt and Road Initiative, a more assertive foreign policy, and even “Xi Jinping Thought.”“
“Wang Huning is arguably the single most influential “public intellectual” alive today.“
