The year 2024 starts off very disappointingly for consumer sentiment in Germany: both economic and income expectations as well as the willingness to buy are showing noticeable declines. Consumer sentiment drops sharply after rising in the previous month. In the forecast for February 2024, the Consumer Climate falls to -29.7 points – a decline of 4.3 points compared to the previous month (revised to -25.4 points). These are the results of the GfK Consumer Climate powered by NIM for January 2024, which has been published jointly by GfK and the Nuremberg Institute for Market Decisions (NIM), founder of GfK, since October 2023
EU politics
Michael Roberts – Greece: on parole
Today Greece officially came out of the strait jacket of the so-called Troika bailout programme. Outside of Syriza, probably no one in Greece will be celebrating Read here
Energy
Larry C. Johnson: Trump’s Oil Confabulations
Donald Trump has repeatedly claimed that the United States is producing more oil than Russia and Saudi Arabia combined. He has made this statement multiple times in 2026, often emphasizing it as a result of […]
Austerity
PJ Media – Strike Against Pension Reform in France Enters Third Week
A nationwide transport strike in France is entering its third week with no sign that a deal will be reached anytime soon. Read here French President Emmanuel Macron and Melania Trump during the annual Bastille […]
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