The UK, France, Canada and Ireland have all formally recognised a climate crisis. But analysis shows they give $27.5bn annually in support for coal, oil and gas
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Austerity
Trades Union Congress – Unsecured debt hits new peak of £15,400 per household – new TUC analysis
January 7, 2019
Mathew D. Rose
Austerity, EU politics, National Politics, Neo-Liberalism in the EU
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With dpressed wages the question was, how can workers buy the products that capitalists produce when they had so little money in their pocket? The answer: credit. Read here

Economics
Agenzia Nova – German Recession: Economic institutes cut GDP growth forecast for Germany to -0,1 percent in 2024
German economists are a bit slow, but the have come to the conclusion that was obvious for the past half year. And where their optimistic prognosis for 2025 and 2026 came from is not clear. […]

EU politics
Samuel Charap: An Unwinnable War
As the long-awaited counteroffensive begins, here’s a piece in Foreign Policy which spells out the reality: Ukraine can’t win this war, and there will either be a negotiated settlement sooner or – after much more […]
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