The S&P Global Eurozone Manufacturing PMI contracted to 49.8 in July of 2022 from 52.1 in June, pointing to the slowest growth in factory activity since June of 2020. This is the recession we have expected.
Finance
Bella Caledonia: In Defence of Social Media
“At what point did politics move from being a competing narrative of possible futures and become instead the wasteland of our sub-conscious fears exploited for a lucrative buck by Etonian snake-oil salesmen?” Read here
Geopolitics
France 24: UN top court rejects most of Ukraine’s ‘terror financing’ case against Russia
The United Nations’ top court on Wednesday (31 January 2024) mostly rejected Ukraine’s claims that Russia was financing “terrorism” in eastern Ukraine, saying only that Moscow had failed to investigate alleged breaches. Read HERE
Economics
Bill Mitchell: The class war is over, viva the class war – inflation and all that
Farewell the classless nirvana Read Here
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