The Korea Automobile Manufacturers Association announced on Jan. 25 that car exports from China increased 54.4 percent to 3.11 million units last year. Japan’s exports totaled 3.2 million from January to November and China came in second by beating Germany (2.61 million). South Korea is likely to be the sixth with 2.3 million.
Geopolitics
Al Jazeera: UN adding Israel to ‘blacklist’ of countries harming children in conflict
Move comes as Israel’s Gaza war has killed more than 15,500 Palestinian children and fuelled widespread malnutrition. Read HERE
Finance
SWI: Zurich court rules Uber drivers are not ‘independent workers’
The latest cantonal ruling on the US ride-hailing firm comes as a national framework to determine the status of gig economy workers in Switzerland is still lacking. Read Here
Austerity
Bill Mitchell – The monetary and fiscal normality of Wolfgang Schäuble – stagnation and entrenched unemployment
Wolfgang Schäuble carries most of the responsibility for the terrible state of the EU economy since 2008. Read here
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