Tech giant’s minimum wage rise more to do with looming labour shortage than philanthropy
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Economics
DeStatis – Germany: Building permits for dwellings issued in February 2023 -20.6% on the same month a year earlier
The ECB’s interest rate hikes are having clear negative effects on the housing market in Germany. Building permits for new construction issued in January and February 2023: -28.4% for single-family houses, -52.4% for two-family houses, […]
Climate Crisis
Bill Mitchell – The concept of degrowth remains underspecified – reform or revolution?
Marx’s long discredited notion of the – Tendency of the rate of profit to fall – as an intrinsic feature of Capitalism, which he believed would eventually bring the system asunder, is likely to be […]
Economics
Aviation24: All Nigerian domestic flights grounded over jet fuel hikes
All domestic flights in Nigeria will be suspended indefinitely. This decision by the airlines is linked to the increase in kerosene prices which makes domestic flights unprofitable. Nigeria is the first country to ground aeroplanes […]
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