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.
National Politics
Al Jazeera: Saudi Arabia executes 81 people in a single day
The death penalty applied for a range of charges in the largest known mass execution carried out in the kingdom’s modern history. Read Here
Economics
Bill Mitchell: The British Labour Fiscal Credibility rule – some further final comments
There is no doubt that “the markets” will viciously attack Britain. The question is, what to do? That the Labour Party would prefer not to be confronted with this problem and is trying to appease […]
Climate Crisis
DeStatis: German Electricity production in the 3rd quarter of 2022: coal-generated electricity up 13.3% on the same period a year earlier
This is the German Green’s idea of a clean energy transition. More than a third of the electricity produced in Germany comes from coal-fired power plants Electricity production from natural gas up 4.5% despite high […]
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