The extreme heat and drought that has been roasting a vast swath of southern China for at least 70 straight days has no parallel in modern record-keeping in China, or elsewhere around the world for that matter.
Economics
BBC: Shops get rent break as told to pay what they can
The New Normal? The British government has introduced new measures to prevent landlords from using aggressive methods to collect rent from High Street shops during the coronavirus lockdown. Read here
Economics
Destatis – German Recession: Trade surplus with the US in January to July 2025 down 15.1% from the same period a year earlier
Bad news for mercantile Germany. And Trump’s tariffs are just beginning, while German exports to China are falling rapidly. Export surplus in trade with the US dropping to 34.6 billion euros, the lowest level recorded […]
Climate Crisis
Richard Murphy: Older consumers are rejecting the market
As we move into 2026, a striking contradiction is becoming impossible to ignore. People over 55 now account for around half of global consumer spending, and yet markets and advertisers largely ignore them. Continue Reading […]
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