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 financial crisis. “The lack of orders is continuing to hinder economic development in Germany,” says Klaus Wohlrabe, Head of Surveys at ifo. “Hardly any industry has been spared.”
Economics
Bill Mitchell: US labour market – job shortfall continues with government sector undermining job creation
The US labour market is still 3,912 thousand jobs short from where it was at the end of February 2020. Read here
Geopolitics
Press TV: Iran becomes first country to shoot down fifth-gen F-35 fighter jets belonging to the Zionist state
Iran has earned the distinction of being the first country in the world to successfully shoot down fifth-generation fighter jets by targeting two stealth F-35 fighters belonging to the Zionist regime. Read Article HERE
Economics
Heiner Flassbeck: Why democracy will ultimately fail
Democracy and pluralism are not superior per se. When democracy loses the ability to hold serious discussions on serious issues, it provides a wide open flank for its opponents, who, like Donald Trump, intuitively see […]
Be the first to comment