Tel Aviv thought the Islamic Republic would collapse with some strike operations, targeted assassinations, and car bombs. Instead, the Israelis are getting a historic battering as Iranians rally fiercely behind their government and armed forces.
Economics
Eurostat – Volume of retail trade down by 2.8% in the euroarea and by 2.5% in the EU yoy
This is looking ever more like a recession. Read Here
Economics
Bill Mitchell – US labour market deteriorating – health and economic policy failures
Getting caught on the EU’s largest trading partner – with a round 200 billion trade surplus Read here
Climate Crisis
Climate Analytics: Loss and Damage at COP23 – disappointments and consolation prizes
Climate-related disasters have battered many regions this year, leaving many vulnerable developing countries with enormous damages but a limited capacity to deal with them. With COP23 being hosted by a small island state, Fiji, vulnerable […]
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