In August 2020, a month marked by a relaxation of COVID-19 containment measures in many Member States, the seasonally adjusted industrial production rose by a mere 0.7% in the euro area and by 1.0% in the EU according to Eurostat.
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EU politics
Politico – EU leaders fear Commission power grab on defense after Trump’s exit
We should all fear Ursula Von Der Leyen being able to decide on matters of war and peace on behalf of Europe. Read the article HERE.
Finance
Business Insider – ‘Champions League of tax avoidance:’ Uber used 50 Dutch shell companies to dodge taxes on nearly $6 billion in revenue, report says
Uber used around 50 Dutch shell companies to help reduce its global tax burden, an Australian research group found. Despite earning $5.8 billion in global revenues in 2019, Uber claimed a $4.5 billion loss for […]
Climate Crisis
Reuters: As German gas rationing looms, industry begs exemptions
We all know how this will end. Corporations will receive as much gas as they want at a reduced price plus more public money on top. At least it will be Green Gas thanks to […]
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