The victory of the right-wing candidate George Simion in the first round of Romania’s rerun presidential election has been celebrated by some on the right as a populist victory. By this account, the EU- and NATO-aligned forces that overturned the country’s previous election in November have failed to turn back the growing backlash against the establishment. But a deeper analysis suggests a more complex and troubling picture.
Climate Crisis
Bill Mitchell: Degrowth, Deep adaptation and MMT – Part 3
This is an outstanding series well worth following Part 3: Provide pathways for people into jobs that offer less hours, creative opportunities, social status, individual advancement, and material security in a low energy world – […]
Economics
DeStatis – German Recession: New orders in manufacturing in May 2024: -8.6% year on year
New orders in manufacturing: May 2024 (in real terms, provisional): -1.6% on the previous month (seasonally and calendar adjusted) -8.6% on the same month a year earlier (calendar adjusted) April 2024 (in real terms, revised): […]
Economics
DeStatis – Germany: Building permits for dwellings issued in February 2023 -20.6% on the same month a year earlier
The ECB’s interest rate hikes are having clear negative effects on the housing market in Germany. Building permits for new construction issued in January and February 2023: -28.4% for single-family houses, -52.4% for two-family houses, […]
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