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
Bill Mitchell: The assault on democracy in Italy
With Bill Mitchell’s blog we continue our series of analyses concerning the recent events in Italy. Read here
EU politics
Politico – Commission ‘surprised’ by German criticism of EU-US trade deal
Even the German government is throwing the Commission under the bus, even though the deal was almost certainly only agreed to on behalf of German capital. Read the article HERE.
Geopolitics
The New Arab: Pro-Israel lawyer condemned for ‘sickening’ comments as he says Gaza famine may help with ‘obesity’
A UK-based advocacy group for Israel has been criticised for suggesting a reduction in obesity resulting from the war in Gaza may increase life expectancy there. Read Article HERE
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