With the chemical industry in crisis, another central pillar of the German economy is crumbling. The main causes: abandoning cheap Russian energy and accepting Trump’s imposition of duty-free imports from the US.
Economics
Shaun Richards: Borrowing for the energy crisis has become much more expensive for Euro area governments
Bloomberg has taken a look at what the energy crisis has cost so far and the numbers are not pretty. Europe got hit by roughly $1 trillion from surging energy costs in the fallout of […]
EU politics
The Electronic Intifada: Germany supports genocide – again
Namibia is hitting back hard at Germany’s decision to defend Israel’s genocide in Gaza at the World Court. “On Namibian soil, Germany committed the first genocide of the 20th century in 1904-1908, in which tens […]
EU politics
The Guardian: Young people are borrowing to cover basic living costs, warns City watchdog
The economic situation of young people between 18 and 34 in Britain is deteriorating. Their indebtedness and over-indebtedness are increasing rapidly, but not because they are necessarily living beyond their means, but simply to meet essential […]
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