Bad new for a mercantlist economy that is not growing: In December 2022, German exports were down by 6.3% and imports by 6.1% on a calendar and seasonally adjusted basis compared with November 2022.
Economics
DeStatis: Germany in Recession
DeStatis got it wrong again just in time for a state election. Election over, lie over. Gross domestic product (GDP), 1st quarter of 2023-0.3% on the previous quarter (price, seasonally and calendar adjusted)-0.2% on the […]
Economics
DeStatis – German Recession: New orders in manufacturing in August 2024: -5.8% on the previous month
New orders in manufacturing: August 2024 (in real terms, revised): -5.8% on the previous month (seasonally and calendar adjusted) -3.9% on the same month a year earlier (calendar adjusted) July 2024 (in real terms, revised): […]
Economics
Larry Elliot: Could Donald Trump’s lone ranger approach provide the silver bullet?
This could become truly embarrassing. First Donald Trump sank TTIP, saving Europeans from their own corrupt political elite. Now Larry Elliot raises the question if the world trade system has been so manipulated in the […]
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