The Bank of England’s failure to respond effectively to the worst inflation in four decades underscores the need to abandon the outdated notion that fiscal and monetary policy can be kept separate. If governments are to be held responsible for investment and employment, they should also control interest rates.
Economics
DeStatis – German Recession: New orders in manufacturing in September 2025: -4.3% on the same month a year earlier
New orders in manufacturing: September 2025 (in real terms, provisional): +1.1% on the previous month (seasonally and calendar adjusted) -4.3% on the same month a year earlier (calendar adjusted) Read Article HERE
Economics
Bloomberg: Australia Economist Steve Keen to Run for Parliament, Pursue MMT
Keen wants to revive ex-PM Robert Menzies’ economic golden era Would seek lower house prices, central bank digital currency Read here Parliament House in Canberra, Australia. Photographer: Rohan Thomson/Bloomberg
Corruption
Malta Today: Malta to withdraw from EU naval mission Irini
EU nations will do almost anything to stop the flow of refugees – except solve the reason why they are fleeing to Europe. Or maybe it’s just good old corrupt Malta on the take again. […]
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