Sentiment in the German automotive industry deteriorated further at the end of 2024. The Business Climate Index for the German automotive industry fell in December 2024 to -34.7 points, down from -32.4 points* in November. “The automotive industry has thus slipped deeper into crisis,”
Finance
Reuters: World Bank court orders Pakistan pay $5.8 billion damages to Tethyan Copper
This is the result of globlaisation, where companies that made a small investment can receive extra billions in compensation decided by a court run in the interest of international corporations. Read here
Austerity
Bill Mitchell – Latest IMF data helps us see how political choices impact on health and economic outcomes
Corona: Elimination is better for health outcomes. It is better for economic outcomes. It is costly but less so than the alternative that most nations have deployed. Read here
Economics
Bill Mitchell: Why are the unions accepting massive real wage cuts?
The point is that many unions have become part of the elite structures that suppress workers and advance the interests of capital In the 1890s, the worker organisations would be out of strike right now […]
Be the first to comment