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
Chris Dillow: THE POLITICS OF DEBT FETISHISM
Politics is dominated by a “lumpen intelligentsia”: “earnest types who enthuse about ideas, simplify them and believe fervently that their crude and wholesale application will solve complex social problems.” Read here
Geopolitics
Centre for Media Monitoring – BBC on Gaza-Israel: One story, double standards
Important report meticulously detailing the BBC’s pro-Israel coverage of the Gaza genocide. Read the report HERE.
Corruption
Corporate Europe Observatory: Cashing in on the pandemic: how lawyers are preparing to sue states over COVID-19 response measures
As governments take action to fight the COVID-19 pandemic and prevent economic collapse big law firms, too, are watching the virus. Yet, their concern is not to save lives or the economy. Instead the lawyers […]
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