With the chemical industry in crisis, another central pillar of the German economy is crumbling. The main causes: abandoning cheap Russian energy and accepting Trump’s imposition of duty-free imports from the US.
EU politics
George Monbiot: Urge, Splurge, Purge
The demand for perpetual economic growth, and the collective madness it provokes, leads inexorably to environmental collapse Read here
Economics
Martin Schirdewan – Europe Fails Another Test of Solidarity
Last night’s EU Council meeting once again failed to agree a rescue package large enough to meet the scale of the coronavirus crisis – and hung Europe’s peripheral states out to dry. Read here
EU politics
Prem Sikka: The RBS sell-off can’t hide the Tories’ failure to clean up its rotten culture
RBS is being slowly privatised – but little has been done to check the corrupt culture, argues accounting expert Prem Sikka. Read here
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