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,”
Economics
UCU: UK universities to face new ballots for further industrial action
UCU has has announced today that it will open new industrial action ballots over cuts to pensions and deteriorating pay and conditions, paving the way for action to continue throughout the remainder of 2022. Read […]
Economics
German Recession – DeStatis: Production in July 2024: -5.3% year on year
Production in industry July 2024 (in real terms, provisional):-2.4% on the previous month (seasonally and calendar adjusted)-5.3% on the same month a year earlier (calendar adjusted) June 2024 (in real terms, revised):+1.7% on the previous […]
Geopolitics
Middle East Eye: Six Americans killed after US refuelling jet crashes in Iraq
The US announced on Friday that all six of its soldiers aboard a KC-135 refuelling aircraft that crashed in western Iraq a day earlier have been killed. Read Article HERE As a work of the U.S. federal […]
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