Thanks to the massive interest rate increase by the ECB, inflatiion, and the totally chaotic policies of the German government (Social Democrats, Greens, and Liberals) Germany has registered the largest decline in residential property prices from the same quarter of the previous year since the beginning of the time series in 2000.
Climate Crisis
Christiana Figueres: I thought fossil fuel firms could change. I was wrong
Their unprecedented profits over the past year have shown their unwillingness to adapt. Read HERE
Economics
Bill Mitchell – OECD is apparently now anti austerity – warning, the leopard hasn’t changed its spots
We keep hearing about major changes of policy by the IMF, World Bank, now OECD. When it comes to changing their practices, these changes never materialise. Read here
Geopolitics
Suleiman Mourad: Hezbollah’s Next Move
Hezbollah’s relationship to Hamas and Iran is complex, as is predicting the Lebanese party’s likely next move. In New Left Review’s ‘Sidecar’. Read the article HERE.
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