Not surprisingly, the biggest surge in spending came in Europe, in response to Russia’s invasion of Ukraine.
Austerity
The Local fr: With no Christmas truce, transport strikes continue across France on Monday
With unions ruling out a ‘Christmas truce’ strike action continues in France on Monday, with public transport still badly disrupted and power cuts over the weekend. Read here
Economics
Heise Online: End of the crisis? The Netherlands would give up control over Nexperia again
Europe is now part of the “Third World”, capitualting unconditionally to China. Read Article HERE
Austerity
Bill Mitchell: Ireland – not as rosy as the official story might suggest
Ireland has made itself look ridiculous. Official figures showed the Irish economy grew by an unbelievable 26pc in 2016 – more than three times faster than first thought. This was quickly dismissed by economists as “farcical”. […]
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