“There was an important speech delivered by the Governor of Australia’s central bank today that reveals the reasons that the RBA is once again refusing to be bullied into increasing interest rates rises by the ‘markets’.”
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Economics
Politico: Eurozone fell into recession as energy prices soared
Contraction over 2 consecutive quarters will complicate ECB’s job to battle inflation. What is worrying about this is the Eurostat, like Germany’s DeStatis, consistently initially publishes positive statistics, which later have to be retracted. This […]
Economics
ING Think: Stagnating eurozone GDP is worse than it seems
GDP growth in the eurozone was revised down from 0.1% to 0% in the fourth quarter. Poor household consumption and investment data show that underlying developments are weaker than expected, adding concern about eurozone economic […]
EU politics
GUE/NGL: Life-saving in the Mediterranean shot down by the right wing
Nothing in corporate media about this. Read here
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