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.
Related Articles

Geopolitics
The Electronic Intifada: “Neutral” Switzerland cancels UN conference after Israeli pressure
Switzerland abruptly canceled a conference it was mandated to hold by the United Nations General Assembly on the rights of Palestinians under Israeli military occupation. The move this week came after pressure from Israel and […]

Geopolitics
Peter Haenseler: Genocide as “self-defense” – Western media as accomplices to the genocide in Gaza – We stand up!
The current genocide is the culmination of a spiral of violence that has been going on since 1948 and has been covered up by the powerful in the West for generations. The media portray the […]

Economics
Dani Rodrik: Development and Democracy in a Shrinking World
Globalisation, development, and liberal democracy. Read here
Be the first to comment