Production in industry
December 2023 (in real terms, provisional):
-1.6% on the previous month (seasonally and calendar adjusted)
-3.0% on the same month a year earlier (calendar adjusted)
Economics
Bill Mitchell – Rising prices equal an inflation outbreak (apparently) but then the prices start falling again
Explaining the falsity of the inflation hype and why economists cannot explain the contradictory numbers. Read here
Economics
Turkish Minute: Pro-gov’t daily criticizes Finance Minister’s policies
The pro-government Turkish Yeni Şafak newspaper published a sharp criticism of Turkey’s current economic policies, indirectly targeting Treasury and Finance Minister Mehmet Şimşek Read HERE Finance Minister Mehmet Şimşek – Photo: Patrick Tsui/FCO/Creative Commons
Climate Crisis
DeSmog UK – ‘Gathering Storm’: How ‘Rogue’ Companies are Buying up North Sea Oil and Gas
As oil majors exit the North Sea, the region’s new players bring a track record of lobbying against climate policy, polluting the environment, and committing alleged labour violations. Read here
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