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.
EU politics
Bill Mitchell – I hope the Italian government holds its nerve against Brussels
“A brief reflection on the latest crisis that is about to engulf the Eurozone. I am referring to the announcement by the Italian government that it will target a fiscal deficit of 2.4 per cent […]
National Politics
Responsible Statecraft: Why Russian intellectuals are hardening support for war in Ukraine
Horrified by the invasion, centrist elites like Dmitri Trenin nonetheless sense the US is using the conflict to destroy their country. Read Here
EU politics
Gavin Rae: The Polish Continuum
Former President of the European Council Donald Tusk looks set to become Poland’s Prime Minister after the election, but he may not have the last laugh. In New Left Review’s ‘Sidecar’. Read the article HERE.
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