In good news for the planet and a major political setback for the USA Brazil has taken a turn to the left as former president Luiz Inácio Lula da Silva beat far-right incumbent Jair Bolsonaro in the presidential election.
Economics
DeStatis – Germany: Manufacturing in March 2023: new orders drop by 11% year on year
New orders in manufacturing: March 2023 (in real terms, provisional): -10.7% on the previous month (seasonally and calendar adjusted) -11.0% on the same month a year earlier (calendar adjusted) Read HERE
EU politics
The Local fr: France’s ‘yellow vests’ rail at police violence
France’s “yellow vest” movement demonstrated against alleged police violence in rallies across the country Saturday, as nearly 60 lawyers denounced the treatment of protesters in the courts. Read here
Economics
Peter Bofinger and Thomas Haas: A Nobel Award for the Wrong Model
Diamond-Dybvig-Bernanke is a flawed model of banking that has no room for a lender of last resort Read Here Ben Bernanke Dollar by Gage Skidmore
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