This is why the German government is currently enforcing austerity, just ot make sure that the nation is at the bottom of the table. Long live ordo-liberalism. And this is while German companies are not observing the Russia embargo.
Climate Crisis
Other News: Atlantic Ocean Circulation Nearing ‘Devastating’ Tipping Point, Study Finds
“A collapse in the system of currents that helps regulate the global climate would be at such a speed that adaptation would be impossible” Read HERE Source: European Union, Copernicus Marine Environment Monitoring Service
Economics
Xilu Chen, Pei Guangyu, Zheng Michael Song, Fabrizio Zilibotti: Tertiarisation like China
China is currently undergoing a rapid tertiarisation process, with its service industries growing as a share of GDP at the expense of both agriculture and manufacturing. This could be a bad omen for future growth. […]
EU politics
Politico: Italy fines Amazon €1.13 billion for abusing market dominance
Competition agency also orders Amazon to set ‘fair and non-discriminatory standards’ for third-party sellers. Read here
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