With the chemical industry in crisis, another central pillar of the German economy is crumbling. The main causes: abandoning cheap Russian energy and accepting Trump’s imposition of duty-free imports from the US.
Economics
DeStatis – German Recession: New orders in manufacturing in November 2024: -5.4% on the previous month
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) Read HERE
Economics
Chris Dillow: Centrists & capitalism
Are John McDonnell and Jeremy Corbyn opening the way to socialism. If having a greater stake in society means more ownership for the “rank and file”, then yes, argues Chris Dillow. Read here
Geopolitics
Moon of Alabama – How The New Russian Missiles Are Changing The Game
To describe a weapon system as a game changer on the battlefield is always open to be ridiculed. Many of the weapon systems that have been delivered to Ukraine were called game changing but failed […]
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