The calendar adjusted stock of orders was 3.1% lower in June 2023 than in June 2022. Not mercantilism on steroids.
Climate Crisis
Reuters: Investors welcome Poland’s decision to freeze last coal-fueled plant project
Shares in Polish state-run utilities Energa and Enea gained on Friday after they froze financing of their joint project to build 1 a GW coal-fueled power unit, citing difficulties raising funds due to environmental concerns. […]
EU politics
Thomas Fazi and Giacomo Bracci: Sacrificing at the Altar of the Euro
Breaking up the eurozone would be no simple task. But maintaining the single currency dooms progressive politics across the continent. Read here
Economics
Yilmaz Akyüz: Crisis alla Turca
Long but interesting analysis of the current state of the Turkish economy. Read here
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