Sentiment in the German automotive industry deteriorated further at the end of 2024. The Business Climate Index for the German automotive industry fell in December 2024 to -34.7 points, down from -32.4 points* in November. “The automotive industry has thus slipped deeper into crisis,”
Austerity
Bill Mitchell – As you were Greece – remain in permanent depression – commitments are commitments!
Depressing reading, but as you would expect of Bill Mitchell, well documented. Read here
Economics
Philip Pilkington: OPEC+’s oil cuts signal a new world order
The oil needs of the West are no longer a primary concern Read Here
EU politics
Slugger O’Toole: The media’s inability to tear Corbyn down is no surprise to people in Ireland. Our media has been failing to tear Sinn Féin down for decades.
It is interesting to note that the media maybe never was omnipotent, but also that coporate media’s power is waning in Ireland as most everywhere else. Read here
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