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.”
EU politics
Daniel Davis – The Hard Reality: Ukraine’s Last-Gasp Offensive Has Failed
A former Lieutenant Colonel in the US army explains why Ukraine’s ‘spring offensive’ was a suicide mission. Published in ‘1945’. Read the article HERE.
EU politics
Ulrike Guérot, Thomas Piketty, et al.: Democratising Europe begins with ECB nominations
Who runs Europe? The people? Not on your life. As a raft of renowned experts write, the new members of the European Central Bank, in the meantime a powerful institution, will be selected in secret […]
Climate Crisis
Ann Pettifor – Nordhaus, “Refuseniks” “Frontierniks” and “Limitniks”
The ‘single number’ theory that helped nix climate change Read HERE
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