The downward slide of the German economy continues. Production and incoming orders in German industry are still on course for recession in the first month of the third quarter. The latest sentiment indicators, such as the ifo index and the PMI markit, which were surveyed in August, point clearly downwards. So it can no longer be ruled out that the recession will continue even at a pace much faster than now.
Economics
Michael Roberts: More momentum on the banks
The UK LabourParty Conference is currently on in Liverpool. It brings together a great deal of progressive expertise and discussion, much of which we are trying to reature on BRAVE NEW EUROPE without going into […]
EU politics
Al Jazeera – France to withdraw ambassador, troops from Niger after coup: Macron
The new military rulers had been demanding the exit of French ambassador and troops after Macron refused to recognise the coup. Read HERE
Climate Crisis
Oil Change International: Climate hypocrite: Norway has opened up billions of barrels of new oil and gas resources
Norway claims to be one of the climate leaders and it was among the first countries to ratify the Paris Agreement. The Scandinavian country is pursuing an “aggressive policy of expanding its oil and gas […]
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