Pay has fallen further behind the rising cost of living, according the latest official data. Not for corporate profits.
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BBC – Britain: Inflation drives fastest fall in real pay on record
Economics
Kyiv Independent: Can Ukraine’s economy survive without foreign aid? Experts aren’t sure
Defeated in war, a destroyed rump state, Ukraine has become an economically artificial entity depending on tens of billions of dollars in foreign aid. Read HERE
Neo-Liberalism in the EU
Marco D’Eramo: Scientific capitalism
Money was previously a side-affect of scientific inquiry, whereas in the neoliberal era it is its main purpose. Read the article HERE.
Economics
GfK: German Recession – Consumer Climate: Severe decline at the start of the year
The year 2024 starts off very disappointingly for consumer sentiment in Germany: both economic and income expectations as well as the willingness to buy are showing noticeable declines. Consumer sentiment drops sharply after rising in […]
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