Excellent analysis of the dynamics at play in the Israel-Iran war. In New Left Review’s ‘Sidecar’.
Economics
Reuters: China’s economy cools sharply in April as lockdowns bite
April industrial output -2.9% y/y vs f’cast +0.4% April retail sales -11.1% y/y vs f’cast -6.1% Nationwide jobless rate highest since Feb 2020 Jan-April fixed asset investment +6.8% y/y, vs f’cast +7.0% Read Here
Corruption
Branko Marcetic: Why the Twitter Files Are in Fact a Big Deal
While some on the left want to dismiss the Twitter Files due to who and how they have been reported on, they reveal the ongoing merger of social media companies with the US state. Read […]
Economics
Bill Mitchell: US labour market showing signs of faltering as real wages continue to decline
Any analyst who is claiming the US economy is close to full employment hasn’t looked at the data. Read Here
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