The Greek people have just lived through a Depression as deep as the Great Depression and considerably longer. It is now the greatest recorded peacetime Depression.
Read here
Economics
Destatis – Germany: New orders in manufacturing in April 2024: -1.6% on the previous year
Germany’s econom barrelling along into recession New orders in manufacturing: April 2024 (in real terms, provisional): -0.2% on the previous month (seasonally and calendar adjusted) -1.6% on the same month a year earlier (calendar adjusted) […]
Geopolitics
Middle East Eye: UK arrests 83-year-old priest for backing Palestine Action and opposing Gaza genocide
In the United Kingdom holding a placard reading “I oppose genocide. I support Palestine Action” now carries a penalty of up to 14 years in prison. Read Article HERE
Economics
Bill Mitchell: More evidence that the current inflation is ephemeral
The pressure to raise interest rates seems to run parallel to the pressure to re-introduce austerity. Is there any reason for either? Read here
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