The number of racist attacks on refugees is soaring in Germany. Far-right offences average 100 per day, while the AfD are further boosted by a CDU anti-immigrant motion in the Bundestag.
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Economics
Bill Mitchell: US labour market – floundering now despite modest gains
Things are not going much better on the other side of the Atlantic. Clearly, the 20.7 million job loss in April has not yet been reversed. Given the loss of payroll jobs in March and […]
Economics
Eurostat: Annual inflation up to 9.8% in EU – Well over the half over 10%, 3 over 20%
The euro area annual inflation rate was 8.9% in July 2022, up from 8.6% in June. A year earlier, the rate was2.2%. European Union annual inflation was 9.8% in July 2022, up from 9.6% in […]
Economics
IFO – German recession: German businesses’ confidence falls to lowest since May 2020
Sentiment among German companies has deteriorated further at the beginning of the year. The ifo Business Climate Index fell to 85.2 points in January, down from 86.3 points in December. Companies assessed their current situation […]
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