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.
Geopolitics
Al Jazeera: Billionaires are teaming up for pro-Israel, anti-Hamas media drive
When money determines politics. The campaign is seeking million-dollar donations from dozens of the world’s biggest names in media, finance and tech, Semafor reported. Read HERE
Economics
PRIME: Ann Pettifor – Quantitative Easing: how the world got hooked on magicked-up money
Going cold turkey would finish off a dysfunctional global financial system that’s now hopelessly addicted to emergency infusions. The only solution is surgery on the system itself. Read here Alec Monopoly, Breaking the Bank mixed […]
Economics
DeStatis – Germany: Manufacturing in August 2023: stock of orders -4.7% year on year
Germany’s recession continues. The government plans to introduce austerity measures and increase VAT for energy and restaurants, which will probably worsen this trend. Read HERE
Be the first to comment