New orders in manufacturing:
July 2025 (in real terms, provisional):
-2.9% on the previous month (seasonally and calendar adjusted)
-3.4% on the same month a year earlier (calendar adjusted)
Economics
Bill Mitchell: Low US unemployment does not negate the conclusion that the US economy is now in recession
A healthy society cannot have millions of people of working age permanently on disability support because Covid has rendered them unable to work. Read Here Photo by Steelcase via Wikimedia Commons
Racism
BBC: Ukraine attention shows bias against black lives, WHO chief says
The head of the World Health Organisation (WHO) says the world does not give equal attention to emergencies affecting black and white people. Read Here ITU Pictures from Geneva, Switzerland – https://www.flickr.com/photos/itupictures/41223188035/
Economics
Ann Pettifor: Technocrats as handmaidens to authoritarianism
Central bank technocrats are not ‘independent’ Read Article HERE This file is licensed under the Creative Commons Attribution-Share Alike 3.0 Unported license
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