The S&P Global Eurozone Manufacturing PMI contracted to 49.8 in July of 2022 from 52.1 in June, pointing to the slowest growth in factory activity since June of 2020. This is the recession we have expected.
Geopolitics
Al Jazeera – NATO leaders gather for 75th anniversary summit. Here’s what to know.
What you won’t hear from the NATO summit in Washington is the words ‘peace’ or ‘negotiate’. Read the article HERE.
EU politics
Wolfgang Streeck – Angela Merkel’s empty leadership
Her pious promises didn’t solve anything Read here
Geopolitics
Eskandar Sadeghi-Boroujerdi – Scylla and Charybdis
A profound analysis of the situation in Iran which goes beyond simplistic interpretations of what is happening either as a popular revolution or a CIA-orchestrated coup. In New Left Review’s ‘Sidecar’. Read the article HERE.
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