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.
National Politics
The Kyiv Independent: Swiss President reiterates support for Ukraine arms ban
Swiss President Alain Berset reiterated his support for Switzerland’s ban on supplying Ukraine with Swiss-made weapons. Read Here Photo: Wikipedia
Environment
Yahoo News: Protesters block roads in Serbia over lithium mining project
Hundreds of environmental protesters blocked roads in Belgrade and other Serbian towns on Saturday, angered at mining giant Rio Tinto’s plans to extract lithium in the Balkan nation. Read here
Austerity
Bill Mitchell: Trickle down. Remember that. The evidence base continue to reject the notion as a scam
Trickle down. Remember that? This was the idea that if we redirect real income towards capital by boosting profits via real wage suppression and/or corporate tax cuts, as if by magic, corporations will start investing […]
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