“I am maintaining my view that the current inflationary spikes are being driven by the total abnormal circumstances the world has found itself in as a result of the pandemic.”
Economics
S&P Global: UK Economy Crashing into Recession – Inflation may slow
Key findings:Flash UK PMI Composite Output Index(1) at 50.9 (Jul:52.1). 18–month low.Flash UK Services PMI Business Activity Index(2) at52.5 (Jul: 52.6). 18–month low.Flash UK Manufacturing Output Index(3) at 42.4(Jul: 48.9). 27–month low.Flash UK Manufacturing PMI(4) […]
EU politics
Thomas Piketty: Can the left unite on Europe?
The problem is that the EU simply is not capable of solving the problems of the union. Read here
Geopolitics
Politico – Denmark PM bristles at Trump’s ‘need’ for Greenland after US strikes on Venezuela
Europeans look at Trump’s gangsterism and think ‘it will never happen here’, but it can. Read the full article HERE.
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