Davos: “They are loath to pay a living wage, but they will fund a philharmonic orchestra. They will ban unions, but they will organize a workshop on transparency in government.”
Read here
Branko Milanovic: Dutiful dirges of Davos
EU politics
German Foreign Policy: The West against the Rest
In her State of the Union Address, EU-Commission President Ursula von der Leyen orients the West toward the formation of blocks. Non-Western alliances (BRICS, SCO) are gaining support. Read Here
Economics
DeStatis – German Recession: In 2024, United States became Germany’s most important trading partner once again after nine years
Not great news with Trump about to initiate a trade war with the EU Read HERE
Climate Crisis
Ann Pettifor – US gifts Wall St. the Green New Deal
Last week the Biden team delivered their first press conference on the Democrat’s much-anticipated Climate Plan. Read here
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