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
S & P Global: Decline in eurozone factory orders among sharpest on record in October
Key findings: HCOB Eurozone Manufacturing PMI at 43.1 (Sep: 43.4). 3-month low. HCOB Eurozone Manufacturing PMI Output Index at 43.1 (Sep: 43.1). Unchanged. October’s contraction in new orders among strongest ever recorded Read HERE
Austerity
Chris Bambery: Crisis in Italy
It always comes down to the same two elements: the neo-liberal regimen of the EU led by Germany and the national enforcers, who prohibit change in the interests of their citizens. Read here
Climate Crisis
Alarabiya News: Germany Pushes for G-7 Reversal on Fossil Fuels in Climate Blow
This is what always happens when you have a Green Party in government Read Here
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