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
Finance
CNBC: Europe could be seeing the decline of its gig economy. And new rules could mean higher prices
Uber’s loss in the U.K. Supreme Court last month forced the company to reclassify 70,000 of its British drivers as workers. In Spain, legislators have introduced a raft of measures that would recategorize gig workers […]
Geopolitics
Sky News: Iranian officials denied entry into Canada for FIFA meeting – just weeks before start of World Cup
Iran’s football federation said its delegation had been subject to “the unacceptable behaviour of immigration officials” at Toronto Pearson Airport Read Article HERE Photo: Wikipedia
Economics
Thomas Fazi, Bill Mitchell – For MMT
Leading proponents of Modern Monetary Theory respond to Tribune’s recent article on the topic, arguing that socialists should not be afraid to “seize the means of production of money.” See also the article to the […]
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