It appears that the EU is lacking in negotiating skills or is it simply the German hegemon flexing it’s muscles?
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Reuters: Swiss-EU bourse battle breaks out over stalled treaty
Economics
Heiner Flassbeck, Friederike Spiecker – Germany: The recession deepens
The downward slide of the German economy continues. Production and incoming orders in German industry are still on course for recession in the first month of the third quarter. The latest sentiment indicators, such as […]
Finance
Bill Mitchell: Prime Minister Corbyn should have no fears from global capital markets
Initially Mitchell rambles a bit, but eventually he arrives at his topic, controlling capital flows. Read here
Economics
Bill Mitchell: US labour market – floundering now despite modest gains
Things are not going much better on the other side of the Atlantic. Clearly, the 20.7 million job loss in April has not yet been reversed. Given the loss of payroll jobs in March and […]
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