The year 2024 starts off very disappointingly for consumer sentiment in Germany: both economic and income expectations as well as the willingness to buy are showing noticeable declines. Consumer sentiment drops sharply after rising in the previous month. In the forecast for February 2024, the Consumer Climate falls to -29.7 points – a decline of 4.3 points compared to the previous month (revised to -25.4 points). These are the results of the GfK Consumer Climate powered by NIM for January 2024, which has been published jointly by GfK and the Nuremberg Institute for Market Decisions (NIM), founder of GfK, since October 2023
EU politics
This is Money: Almost 1 in 5 of Britain’s biggest firms paid NOTHING last year – and some even got a handout from the taxman…
Almost 1 in 5 of biggest UK companies paid no corporation tax last year. The list includes Astrazenca, BP, Royal Mail, British Gas owner Centrica, British Land, Ocado, Standard Chartered and others whilst their directors […]
Finance
The Asahi Shimbun – Stephanie Kelton: Japan shatters notion of deficit boogeyman
Modern monetary theory (MMT) is gaining much attention for its somewhat unorthodox view that governments do not have to worry about fiscal deficits. One of the main advocates of MMT is Stephanie Kelton, an economics […]
Media
Branko Marcetic: Attacks on Freedom of the Press Are Ramping Up
The state of democratic rights for journalists in some of the world’s leading Western powers is becoming increasingly worrisome. In Jacobin. Read the article HERE.
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