While windfall profits of energy companies are being vehemently defended by the German government, including the Greens, those that are making losses are being subsidised. Welcome to the EU as Germany wants it.
Economics
Eurostat: Volume of retail trade down by 1.2% in the euroarea and by 1.3% in the EU
Looks like a recession. Read Here
Finance
Resolution Foundation: We’re getting poorer, but it’s not (just) Brexit
In Britain the household income per person has fallen in each of the past four quarters. Matthew Whittaker is of the opinion that Brexit is not the only reason for this. Read here
Finance
Jamie Martin, Oscar Sanchez-Sibony – Market Ideologies
Interesting conversation between two experts on the history of global economic governance. In ‘Phenomenal World’. Read the article HERE.
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