Any analyst who is claiming the US economy is close to full employment hasn’t looked at the data.
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Bill Mitchell: US labour market showing signs of faltering as real wages continue to decline
Economics
Eurostat: Seasonally adjusted government deficit at 4.7% of GDP in the euro area and 4.5% of GDP in the EU
Governments trying to stave off recession by increasing their spending. Germany will not be pleased. Read HERE
Geopolitics
+972 Magazine: Surveillance and interference: Israel’s covert war on the ICC exposed
Top Israeli government and security officials have overseen a nine-year surveillance operation targeting the ICC and Palestinian rights groups to try to thwart a war crimes probe, a joint investigation reveals. Read HERE
EU politics
Politico – EU staff revolt over Gaza stance
‘A growing number of staff argue that the bloc’s failure to exert pressure on Israel while it’s accused of committing war crimes in Gaza makes it impossible for them to perform their duties without breaching […]
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