Turnover in the non-financial business economy in Germany was down slightly in August 2020 compared with July 2020
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Ms Merkel’s Marvelous V-Recovery – German Development of turnover in August 2020: -1.3% on the previous month
Economics
Shaun Richards: The ECB and Christine Lagarde now want to enforce real wage cuts for Euro area workers
Inflation made workers even worse off as real wages fell. Now the ECB is determined to stop wages exceeding inflation for any form of catch-up let alone growth. Read Here
Austerity
Aditya Chakrabortty: These councils smashed themselves to bits. Who will pick up the pieces?
Experts saw it coming – it was inevitable: The neo-liberal discourse that private is better. It is pernicious. The question is when the British will stop voting for Tory ideology and hoping a fairytale will […]
EU politics
Siddak Ahuja – Meet the Left fighting “wokeness” and Identity Politics
“There is a rising consensus amongst numerous Leftists that identity politics and wokeness are symbols of division rather than unit.” Read here
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