The latest information from Japan suggests that in December 2023, its inflation fell sharply for the second consecutive month and that one might conclude the inflation episode is coming to an end. The Bank of Japan made the assumption that this supply-side inflation was temporary and would subside fairly quickly once those constraints eased. And they were right
EU politics
Politico: Janez Janša suffers heavy defeat as newcomer party wins Slovenian election
Freedom Movement, which was formed last year, received a third of the votes. Read Here Photo: vlada.si Creative Commons Attribution 3.0 license
EU politics
EuroIntelligence: The world has discovered how to blackmail Germany
Once again it is confirmed that Germany, the EU hegemon determines policy. Read here
Austerity
Prabhat Patnaik – Why Neoliberalism Needs Neofascists
The neofascist assault on democracy is a last-ditch effort on the part of neoliberal capitalism to rescue itself from crisis. The only solution is a decisive retreat from globalized finance. Read here
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