As the Global Economy Comes Apart, Societies May, Too
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Climate Crisis
Irene Casado Sanchez, Jackie Botts – A program meant to help developing nations fight climate change is funneling billions of dollars back to rich countries
‘Climate finance’ from the global north to the global south is just high-interest loans, sometimes tied to obligations to source materials for green projects from rich countries. In ‘Reuters’. Read the article HERE.
Economics
DeStatis – German Recession: Production in April 2025: -1.8% year on year
Production in industry April 2025 (in real terms, provisional): -1.4% on the previous month (seasonally and calendar adjusted) -1.8% on the same month a year earlier (calendar adjusted) Read Article HERE
Economics
The EU’s prodigious V-Recovery – August: EU international trade in goods surplus falls to €11.3 billion
This was the second monthly decline in a row. When one considers that the trade surplus with Britain was round €64 billion in the first eight months of the year (second only to the USA) […]
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