The sentiment among companies in Germany is on a downward trend. The ifo Business Climate Index fell from 87.0 points in July to 86.6 points in August. Companies assessed their current situation as worse. In addition, expectations were more pessimistic. The German economy is increasingly falling into crisis
National Politics
The Kyiv Independent: Inside Ukraine’s costly mission to grind down Russia near Bakhmut
“Even if Russia’s losses were higher, several hundred Ukrainian soldiers were killed on the toughest days of the battle, according to soldiers’ accounts. They said some battalions, usually numbering between 400 to 1,000 soldiers, were […]
Economics
Zeteo: Top Economists Back Francesca Albanese’s Report on the ‘Economy of Genocide’ in Gaza
Former Greek Finance Minister Yanis Varoufakis, French economist Thomas Piketty, and others join open letter supporting Albanese amid US calls to remove her as the UN special rapporteur on Palestine. Read Article HERE
Economics
NPR: French Telecom Company Convicted Of ‘Moral Harassment’ After Employee Suicides
The former CEO of a French telecommunications company has been sentenced to jail in connection with a series of employee suicides — with one worker taking their own life after describing “management by terror” at […]
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