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.
Economics
ifo Institute – German Recession: Order Shortage in Germany Continues to Worsen
The German economy is being hit increasingly hard by the lack of orders. In October, 41.5% of companies reported a lack of orders, up from 39.4% in July. That’s the highest level since the 2009 […]
Geopolitics
Carmen Navas Reyes – The Monsters of the Global Crisis Interregnum
Interestingly, a “BRICS People’s Council” has been established. Alternatives to fading Western hegemony are growing. Article produced by Globetrotter. Read the article HERE.
Climate Crisis
Bill McKibben: The happiest number I’ve heard in ages
If we switched to renewable energy, the number of ships crossing the ocean would fall almost in half. Because they’re just carrying coal and oil and gas Read Here
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