Exports and imports falling pointing towards a recession
Climate Crisis
DeStatis – Germany: Electricity production in the 1st half of 2022: coal-generated electricity up 17.2% on the same period a year earlier
Well done Bobby “Green Gas” Habeck and the German Greens. Nearly a third of the electricity produced in Germany comes from coal-fired power plants Many hours of sunshine result in considerably more solar electricity Electricity […]
Finance
Prem Sikka: Here’s how Caffe Nero made £2bn in sales but didn’t pay a penny in corporation tax
Prem Sikka explains how a company can make billions in profit, but book a loss at the end of the year, thus paying no taxes. Read here
Economics
Simon Wren-Lewis: Disentangling the UK productivity problem
There has been a lot of speculation concerning stagnating productivity in the Western industrial nations. Britain has been particularly hard hit. There is much speculation concerning this development. Wren-Lewis offers an interesting analysis. Read here […]
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