No one wants to invest in Germany except the Chinese. These is what an economy in decline and such a high degree of corruption looks like.
Climate Crisis
Wolfgang Munchau: Cap reforms – not going to work
“Triumphant breakthroughs” are an EU term for further failure, this time with the common agricultural policy. Read here
Climate Crisis
Robin Scher: As Cryptocurrency Becomes Mainstream, Its Carbon Footprint Can’t Be Ignored
As Bitcoin prices rise, so will the incentive to mine it, creating a feedback loop that spells trouble for the climate. Read here
Economics
DeStatis: German Manufacturing in June 2022: new orders down 9% year on year
New orders in manufacturing:June 2022 (in real terms, provisional): -0.4% on the previous month (seasonally and calendar adjusted) -9.0% on the same month a year earlier (calendar adjusted ) May 2022 (in real terms, revised): […]
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