December data signalled an eighth successive monthly decrease in home building across the Eurozone. The contraction was steep overall and, when excluding COVID-19, the sharpest since March 2013. The drop in activity levels at German firms was the sharpest of the three largest eurozone nations and the quickest since February 2012.
Economics
Bill Mitchell – US inflation is moderating while a massive fiscal contraction is underway – recession looming
Policy makers in the US seem hell bent on bringing on a recession as part of a futile fight against inflationary pressures which are already moderating. Read Here Photo: Policy makers in the US seem […]
Geopolitics
Drop Site Daily – Israel resumes lower-level killing after mass violence Sunday
A useful round-up of global news on Monday [20 October], especially focused on the situation in Gaza. From Drop Site News. Read HERE.
EU politics
France 24: Refugees in Greece face hunger, homelessness despite status
Two minutes into a Greek jobs fair interview, Hashim, a 21-year-old Afghan refugee, is offered work as a waiter at a swanky Corfu hotel. Read Here
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