The Polish and Baltic governments will push NATO’s pledge of Kiev’s membership at the July Summit in Vilnius and consider sending troops to Ukraine. Berlin will agree to security guarantees.
Economics
Chris Dillow: THE POLITICS OF DEBT FETISHISM
Politics is dominated by a “lumpen intelligentsia”: “earnest types who enthuse about ideas, simplify them and believe fervently that their crude and wholesale application will solve complex social problems.” Read here
Austerity
The General Theorist: Goodbye IMF, hello ECB – Christine Lagarde’s track-record
Blogger The General Theorist wonders whether Christine Lagarde’s patchy performance as managing director of the IMF qualifies her for the trickier role of president of the European Central Bank. “The assumption that Lagarde is a […]
Economics
S&P Global Eurozone Construction PMI: Most pronounced fall in Eurozone construction activity since May 2020
December data signalled an eighth successive monthly decrease in home building across the Eurozone. The contraction was steep overall and, when excluding COVID-19, the sharpest since March 2013. The drop in activity levels at German […]
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