The real (price adjusted) stock of orders in manufacturing was down 0.2% in June 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 6.2% lower in June 2024 than in June 2023.
Economics
Ann Pettifor: Reclaiming Central Banks
Fifty years ago, a US president closed the gold window, ended capital controls, and launched a new era of globalized finance. The “Nixon Shock” reshaped the international monetary system overnight, and then gradually changed the […]
Economics
Center for Global Development: The World Bank’s Uncivil War on Corporate Tax
A broad array of international actors agrees that many developing countries desperately need to collect more tax revenue. Read here
Economics
Heiner Flassbeck: The German and Global Malaise – from the Perspective of the Neoclassical Theory
Suddenly they are all complaining. With an enormous delay, even the professional optimists in the German media have realised that something is fundamentally wrong. Germany is once again the sick man of Europe, the British […]
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