Bill Mitchell: US labour market showing signs of faltering as real wages continue to decline

Low river levels disrupt shipping, hike freight costs German economy could take additional hit – economists Barges only partially laden Disruption could hit coal power plants Read Here

As we can again see, give lobbyists and corporations enough tie and funds to bribe EU politicians, any law can be changed, even if confirmed in courts. Read Here

April industrial output -2.9% y/y vs f’cast +0.4% April retail sales -11.1% y/y vs f’cast -6.1% Nationwide jobless rate highest since Feb 2020 Jan-April fixed asset investment +6.8% y/y, vs f’cast +7.0% Read Here