That’s it then. Europe is stuck with the defeat in Ukraine so that Trump can build a new Riviera in Gaza.
Austerity
Bill Mitchell: The German government celebrates its record surplus while infrastructure collapses
Germany’s EU wrecking team is at it again. Scholz also announced that there will be no extra spending for the European Green Deal today. Read here
Economics
Bill Mitchell: US labour market showing signs of faltering as real wages continue to decline
Any analyst who is claiming the US economy is close to full employment hasn’t looked at the data. Read Here
Economics
Eurostat: Industrial production down by 1.2% in both the euro area and the EU compared with June 2022
In June 2023, the seasonally adjusted industrial production increased by 0.5% in the euro area and by 0.4% in the EU, compared with May 2023, according to estimates from Eurostat, the statistical office of the […]
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