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
Wanted in Rome: Italy right-wing politician resigns over Mussolini controversy
A campaign by a right-wing member (Salvini’s Lega) of the Italian government to rename a park in honour of Benito Mussolini’s younger brother resulted in his resignation. Read here
National Politics
Barak Medina, David Enoch: What is Permissible in the War against Hamas?
What is permissible for the Israeli government to do in response to the murderous attack by Hamas? Two law academics at the Hebrew University of Jerusalem give guidance on what they describe as a complex […]
Economics
Thomas Piketty: Confronting war, rethinking sanctions
If an ordinary Russian loses half of his pension or salary because of the fall in the rouble and inflation caused by the sanctions, then there is no recourse, no court where he can complain. […]
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