Sentiment among German companies has deteriorated further at the beginning of the year. The ifo Business Climate Index fell to 85.2 points in January, down from 86.3 points in December. Companies assessed their current situation as worse. Their expectations for the months ahead were also once again more pessimistic. The German economy is stuck in recession.
Austerity
Ashoka Mody: Why Italy could be facing a disastrous new recession
Even if the Chinese economy merely slows down global trade deceleration will continue and if, in addition, the global trade war escalates, global economic conditions could deteriorate rapidly. Italy will face the ill-effects of a […]
Climate Crisis
The Sydney Morning Herald: French activists fill golf course holes with cement in protest at watering exemptions
Climate activists affiliated with Extinction Rebellion have targeted golf courses in southern France, filling holes with concrete in protest over exemptions from water restrictions during one of the worst droughts on record. Read Here Photo: […]
Corruption
European Environmental Bureau: EU rejects scientific advice to dodge cancer warning after “unprecedented” lobbying
You can be excused for thinking that all the EU does is further the interests of transnational corporations at the expense of tis citzens. Fact is, that is what they do. Read here
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