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.
Geopolitics
Al Jazeera – Ukraine says it is poised to sign minerals deal with the US
This is basically a weapons for minerals deal. Very ugly. Read the article HERE.
Economics
DeStatis – German Recession: Exports to non-EU countries in September 2023: expected decrease of 8.7% year on year
Germany’s economy continues to decline. And where Germany goes, the EU follows Exports to third countries (calendar and seasonally adjusted exports of goods), September 2023 57.0 billion euros -3.4% on the previous month -8.7% on […]
Economics
eu observer: ECB rate hikes see corporate loans drop to record low
The ECB and the EU, both being pressured by Germany demands for austerity, are pushing the EU into a recession Read HERE Photo: ECB/Flickr
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