The real (price adjusted) stock of orders in manufacturing was down 0.2% in February 2024 month on month after seasonal and calendar adjustment, according to provisional figures of the Federal Statistical Office (Destatis). The calendar adjusted stock of orders was 5.8% lower in February 2024 than in February 2023.
Austerity
The General Theorist: Goodbye IMF, hello ECB – Christine Lagarde’s track-record
Blogger The General Theorist wonders whether Christine Lagarde’s patchy performance as managing director of the IMF qualifies her for the trickier role of president of the European Central Bank. “The assumption that Lagarde is a […]
Corruption
AP – Leftist-green candidate elected mayor of Croatia’s capital
We shall see how long a leftist politician with integrity holds out in a corrupt EU nation. Read here
Corruption
Norbert Häring: The Curious Silence of the British Media Regarding Mark Carney and the Secretive G30
Mario Draghi has been forced to leave the opaque G30. If the head of the ECB should not be there, why is the head of the Bank of England still a member? Read here
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