Germany’s recession continues. The government plans to introduce austerity measures and increase VAT for energy and restaurants, which will probably worsen this trend.
Economics
Destatis – German Recession: Exports in October 2024: -2.8% on October 2023
Exports (calendar and seasonally adjusted exports of goods), October 2024 124.6 billion euros -2.8% on the previous month -2.8% on the same month a year earlier Imports (calendar and seasonally adjusted imports of goods), October […]
Sustainability
The Guardian: Warning of ‘ecological Armageddon’ after dramatic plunge in insect numbers
At least Monsanto, Bayer and the other multinational pesticide and GMO seed producers are still earning billions. Like Peter Thiel, those making the profits are probably buying estates in New Zealand, where they can go when the environmental […]
Economics
Ann Pettifor: On the bursting of bubbles
In the US, mortgage applications are now down 50% and at the lowest levels since 1994. Credit card defaults rates are higher than in 2008. Is the debt bubble about to burst? Read the article […]
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