Sifted: Gorillas fires half its employees at HQ

Merz is off on his first visit to China as Chancellor. Germany is no longer competitive with Chinese industry in key sectors. In ‘Politico’. Read the article HERE.

While politicians continually want to claim that their nations or areas of responsibility are ‘close to full employment’ the data rarely bears out that assessment. And think of it this way – the mainstream economists […]

Only for the third time in its history, the eurozone had had four consecutive months of deflation. Many EU politicians are calling for the re-introduction of austerity in the hopes of increasing the eurozone’s efforts […]