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.
Climate Crisis
Andrew Simms – The case for an Ecological Interest Rate
Between the Anglo-American political horror shows of 2020 and the raging pandemic, something much less theatrical drifted centre stage to play a more than usually important role: interest rates. Read here
EU politics
Sigrún Davíðsdóttir’s Icelog: Iceland: from fishing to tourism / 10 years on
Whatever happened to Iceland. If you wish to get up to speed on developments in Iceland, this article is well worth reading. Read here
Economics
Tarik Cyril Amar: Matrix of Failure
Germany is a country misaligned with its time and place. Read HERE
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