Output rose 3.5 per cent in January from the previous month, although this mostly was a rebound from December’s fall. But DeStatis always selects the positive numbers. That is what happens when your paymaster is the state. The question is if DeStatis does not doctor their numbers as well.
EU politics
Bloomberg: German Property Stocks Fall on Berlin Rent-Freeze Proposal
Germany’s biggest residential landlords declined on concern that the City of Berlin will freeze rents in the capital for five years in response to a surge in housing costs. Read here Photo by Roland Hoppe […]
Economics
Bloomberg: MMT Has Been Around for Decades. Here’s Why It Just Caught Fire
U.S. budget already deep in the red, and markets have shrugged Trump, Ocasio-Cortez and Japan also offer support for MMT case Read here
Climate Crisis
DeSmog: Norway’s Equinor Admits It “Over-Reported” Amount of Carbon Captured At Flagship Project for Years
Norwegian oil and gas company Equinor has admitted over-reporting the performance of a flagship carbon capture and storage project by about 30 percent due to defective monitoring equipment, underscoring risks associated with plans to scale […]
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