Output rose 3.5 per cent in January from the previous month, although this mostly was a rebound from December’s fall. But DeStatis always selects the positive numbers. That is what happens when your paymaster is the state. The question is if DeStatis does not doctor their numbers as well.
EU politics
The Irish Times: ‘Enough excuses!’ – France’s Le Maire grows impatient over digital tax
Irish Republic and Luxembourg strongly against levy on online services. Germany supporting them. Read here
Economics
Rowland Atkinson, Andrew Baker: From Stagflation to Stagffluence
The Hollowing Out of the Rentier Economy. In a year defined by a cost of living crisis causing enormous hardship, the sharply split experiences of affluent and straining households are characterised by a polarising form […]
Climate Crisis
Reuters: Draft EU methane strategy shies away from binding emissions standards
More of the EU’s Green (not really) Deal. Read here
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