In the third quarter of 2023, seasonally adjusted GDP decreased by 0.1% in the euro area and remained stable in the EU, compared with the previous quarter, according to an estimate published by Eurostat, the statistical office of the European Union. In the second quarter of 2023, GDP had increased by 0.1% in both the euro area and the EU.
Finance
New York Times: New York City Caps Uber and Lyft Vehicles in a Crackdown
The continuing saga of governments trying to contain the excesses of the gig economy. Read here
Geopolitics
Kyiv Independent: State predation threatens to derail Ukraine’s war effort
State predation is not new in Ukraine. Investigations targeting legitimate businesses – aimed at either extorting money or taking over companies at a fraction of their value – have been a feature of Ukrainian business […]
Corruption
El Pais: Spain modernizing Venezuelan tanks despite EU-wide arms embargo
As one sees there is no difference between the “centrist” corrupt Partido Popular and the “centrist” corrupt Social Democrats in Spain. This is pretty much true throughout most of Europe South of Scandinavia. Read here
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