The year 2024 starts off very disappointingly for consumer sentiment in Germany: both economic and income expectations as well as the willingness to buy are showing noticeable declines. Consumer sentiment drops sharply after rising in the previous month. In the forecast for February 2024, the Consumer Climate falls to -29.7 points – a decline of 4.3 points compared to the previous month (revised to -25.4 points). These are the results of the GfK Consumer Climate powered by NIM for January 2024, which has been published jointly by GfK and the Nuremberg Institute for Market Decisions (NIM), founder of GfK, since October 2023
Austerity
Aditya Chakrabortty: A Labour council attacking its own people? This is regeneration gone bad
This is a continuation in our series of articles concerning what neo-liberalism looks like from the ground. This time it concerns a “social housing” project in London. Read here
Economics
Marcus Loh – Civilizational multipolarity in a post-Pax Americana world
New order sees states derive legitimacy from deep structures of language, religion and institutional memory rather than universal norms Read Article HERE
Climate Crisis
Politico: French court condemns government for climate inaction
It’s the first time a court condemned the French state over its climate policy. Read here
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