Optimism at the beginning of the year was probably premature. Manufacturing output fell sharply in January in France, confirming that industry is currently in a strong slowdown phase, which is likely to continue over the coming months. So much for the EU’s growth prognosis.
Media
Fintan O’Toole: Trial runs for fascism are in full flow
Babies in cages were no ‘mistake’ by Trump but test-marketing for barbarism. Read here
EU politics
New Statesman: Europe’s socialist success story: the strange rebirth of the Portuguese left
How a left-wing coalition government has functioned better than even its creators could have hoped. Read here
Austerity
Prabhat Patnaik – Why Neoliberalism Needs Neofascists
The neofascist assault on democracy is a last-ditch effort on the part of neoliberal capitalism to rescue itself from crisis. The only solution is a decisive retreat from globalized finance. Read here
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