Stock of orders in manufacturing, May 2024
-0.4%, in real terms, on the previous month (seasonally and calendar adjusted)
-5.4%, in real terms, on the same month a year earlier (calendar adjusted)
EU politics
The Guardian: Five in court accused of trying to help migrants enter Greece
Billions of Euros to reward the dictator Erdogan, prison for EU citizens that have a civilised conscience. That is the EU today – and Syriza, which sold its people down the river. Read here
Economics
IFO – German recession: German businesses’ confidence falls to lowest since May 2020
Sentiment among German companies has deteriorated further at the beginning of the year. The ifo Business Climate Index fell to 85.2 points in January, down from 86.3 points in December. Companies assessed their current situation […]
Economics
L. Randall Wray: If Government Can Print Money, Why Does It Borrow?
Recently, the neglected question of why the US government borrows, given that it can print money, has arisen in the context of discussions surrounding a new documentary, Finding the Money. As L. Randall Wray observes in […]
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