There are many reasons for stagnant wages but the most salient was the sell out by the leftist parties, in Europe the Social Democrats.
Read here
Steven Hall: Why have wages been allowed to stagnate?
Economics
Destatis – Germany: Production in December 2022 -3.1% on the previous month
In 2022 as a whole, production was calendar-adjusted 0.6% lower than in 2021 and down 5.0% from the pre-crisis year of 2019. Read Here
Climate Crisis
Reuters: Investors welcome Poland’s decision to freeze last coal-fueled plant project
Shares in Polish state-run utilities Energa and Enea gained on Friday after they froze financing of their joint project to build 1 a GW coal-fueled power unit, citing difficulties raising funds due to environmental concerns. […]
National Politics
Politico: Keir Starmer to make good on his vow to stop Jeremy Corbyn running for UK Labour
Keir Starmer’s war on the Labour left continues. Read the article HERE.
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