Anyone who says that Germany has a problem with competitiveness, that labour costs are too high or that we need to tighten our belts is contradicting the facts. Germany is still living below its means and continues to violate the rules of the EMU. Wages would have to rise more sharply than in the rest of the EMU for several years to give the other members a chance to regain at least some of the market share lost to Germany in the past.
Solutions
George Monbiot: How Labour could lead the global economy out of the 20th century
The world is stuck in a political and economic rut. A system that has failed and is daily failing 99% of the earth’s population needs to be replaced. George Monbiot offers a series of solutions. […]
Sustainability
ICCT: Whac-A-Mole on the high seas: The curious case of ship emissions
Annual emissions from the world’s merchant fleet have reached 1.12bn tonnes of CO², or nearly 4.5% of all global emissions of this greenhouse gas. Read here
Climate Crisis
DeSmog UK: Coal Mine in Druridge Bay Rejected by Communities Secretary Sajid Javid due to Climate Concerns
When in Tory Britain an application for a new coal mine is rejected due to climate concern, then something must be afoot. Read here
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