Sentiment among German companies has deteriorated further at the beginning of the year. The ifo Business Climate Index fell to 85.2 points in January, down from 86.3 points in December. Companies assessed their current situation as worse. Their expectations for the months ahead were also once again more pessimistic. The German economy is stuck in recession.
Geopolitics
Thomas Keith: The Israeli Diamond Exchange, a refinery for global atrocity, hit by Iranian missile
On Thursday, 19 June, in Ramat Gan, one of the most heavily damaged areas was the district surrounding the Israeli Diamond Exchange, a high-security zone packed with office towers, showrooms, and financial firms. A missile […]
Economics
Bill Mitchell – ECB should take over and repay all the joint debt held by the European Commission after the pandemic
1. The responsibility for the joint debt be taken off the European Commission and handed over to the ECB. That could easily be done. 2. The ECB then pays the debt off when payments fall […]
EU politics
slugger o’toole: The secret of surviving the cuts is easy – just don’t be poor…
Austerity in Northern Ireland Read here
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