Corporate insolvencies in Germany rose last year to their highest level in two decades, according to data published on Thursday by a leading economic research institute.
Energy
Nick Ferris: plummeting Russian oil receipts herald the fall of a petrostate
Seven consecutive months of falling fossil fuel revenues suggests what may happen to other petrostates as the energy transition accelerates. Read Here
Economics
Bill Mitchell: Latest data – largest quarterly output decline in recorded US history – but Europe is worse
Unfortunately mostly US and little Europe. But as the US is faring better than Europe it is still a bellwether and might provide some insights with regard to the EU. Read here
Economics
Michael Hudson: Mainstream Economics Has Become a Celebration of the Wealthy Rentier Class
The One Percent have found a pressing need for the services of mainstream economists Read here
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