New orders in manufacturing:
November 2024 (in real terms, provisional):
-5.4% on the previous month (seasonally and calendar adjusted)
-1.7% on the same month a year earlier (calendar adjusted)
Climate Crisis
Stay Grounded: EU’s New Law on ‘Sustainable Aviation Fuels’ Fails to Be Truly Sustainable
The new ReFuelEU law, part of the EU Fit for 55 package, was announced yesterday The Stay Grounded network fears this could lead to a massive demand for biomass and energy, competing with other sectors […]
Finance
Oxfam: OECD Inclusive Framework agrees two-pronged tax reform and 15 percent global minimum tax: Oxfam reaction
15% global minimum corporate tax rate (130 of 139 nations have agreed) “no more than a G7-money grab. Rich countries are forcing developing countries to choose between a raw deal or no deal…another form of […]
Geopolitics
Ali Abunimah: How Arab regimes bet on genocidal Israel and lost
Arab regimes calculated that they could enjoy prosperity and tranquility through an alliance with Tel Aviv and Washington while only Palestinians and those who stood by them paid the price in blood and genocide. They […]
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