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.
Economics
TradingPedia – German Recession: Germany’s February retail sales drop the most since Oct 2022
Retail sales in Germany decreased at a monthly rate of 1.9% in February, data by the Federal Statistical Office showed on Thursday. The actual figure confounded market expectations of a 0.3% monthly growth In annual […]
Economics
Bill Mitchell: The monetary institutions are the same – but culture dictates the choices we make
Neoliberalism has perverted the way we manipulate the powers of our economic institutions in such a way that we benefit the elites more than the rest. These are essentially the same institutions that the Japanese […]
Media
Sky News – US ‘considering’ dropping Julian Assange prosecution, Joe Biden says
Potentially a major development in the Assange saga. Read the article HERE.
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