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.
Energy
The Guardian: Bitcoin mining consumes more electricity a year than Ireland
Network’s estimated power use also exceeds that of 19 other European countries, consuming more than five times output of continent’s largest windfarm Read here
Energy
Daily Sabah: Energy holiday: German pensioners suggested wintering in Turkey to save gas
Those hypocritical opportunist Germans at it again Read Here
Geopolitics
Juan Cole: Israelis Block Syringes, Refrigerators for UNICEF Vaccination of Toddlers in Gaza
UNICEF, the United Nations Children Fund says it is attempting to begin a catch-up campaign of immunization in the Gaza Strip for the thousands of children who have been cut off by the Israeli total […]
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