Debate Magazine

Here We Go Again...

Posted on the 27 February 2021 by Markwadsworth @Mark_Wadsworth

From the BBC:
A mortgage guarantee scheme to help people with small deposits get on the property ladder is set to be announced at next week's Budget. The government will offer incentives to lenders, bringing back 95% mortgages which have "virtually disappeared" during the pandemic, the Treasury says.
An extension to the Stamp Duty Land Tax "holiday" is also on the cards.
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From The Daily Mail:
Biden bombs Syria border crossing and 'kills 22' Iran-backed militia fighters in retaliation to rocket attacks that injured American troops and killed a contractor in Iraq.
The poor sods will be looking back fondly at the Trump years.
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And for a bit of light relief, a "global warming causes cooling" story from The Guardian:
Rahmstorf said: “We risk triggering [a tipping point] in this century, and the [Gulf Stream] would spin down within the next century. It is extremely unlikely that we have already triggered it, but if we do not stop global warming, it is increasingly likely that we will trigger it.”
Research in 2018 also showed a weakening of the AMOC, but the paper in Nature Geoscience says this was unprecedented over the last millennium, a clear indication that human actions are to blame. Scientists have previously said a weakening of the Gulf Stream could cause freezing winters in western Europe and unprecedented changes across the Atlantic.


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