Forwarded from The Paradigm Shift Channel ⏳ (Jonathan Mohan)
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The de-industrialisation of Germany 🇩🇪 - Part 10:
🔹The HCOB Flash Germany Composite PMI Output Index - which gauges activity in the manufacturing and services sectors -fell to 44.7 in August, from 48.5 in July, the lowest level since May 2020.
🔹German Chamber of Commerce and Industry Survey -
52% of co.'s say the 'green' energy transition has a negative impact on their own business.
32% of industrial co.'s plan relocation of capacities abroad or reduction of production in Germany.
🔹 Mail order retailer 📦, Klingel GmbH (Bell group) declares bankruptcy after 100 years in operation.
🔹German industrial 🏭 production weakened further in July, with energy-intensive industry approaching again the low, set in Dec. 2022.
🔹50,600 businesses closed down in H1 2023, an increase 📈 of 12.4% compared to H1 2022. In balance, there has been an increase in new start-ups. The number of corporate insolvencies rose 23.8% in July compared to July '22.
🔹 The outflow of capital from Germany since 2013 has exceeded $600 billion, with almost half of that happening in the last two years.
🔹Allensbach Survey -
58% of business executives said that Germany has passed its zenith.
76% of managers believe that concerns are justified over de-industrialization.
🔹 The ifo Business Climate Index (July 2023) has fallen 📉 for the third month in a row.
🔹The number of company bankruptcies in EU🇪🇺 countries in Q2 2023 increased by 8.4% compared to Q1, reaching the highest level measured since 2015, when data began to be collected.
Previous parts on the de-industrialisation of Germany 🇩🇪:
💠 Part 9 - Aug. '23
💠 Part 8 - Jun. '23
💠 Part 7 - May '23
💠 Part 6 - Mar '23
💠 Part 5 - Feb. '23
💠 Part 4 - Jan. '23
💠 Part 2 and Part 3 - Nov. '22
💠 Part 1 - Oct. '22
Video source - AfD Clips
🔹The HCOB Flash Germany Composite PMI Output Index - which gauges activity in the manufacturing and services sectors -fell to 44.7 in August, from 48.5 in July, the lowest level since May 2020.
🔹German Chamber of Commerce and Industry Survey -
52% of co.'s say the 'green' energy transition has a negative impact on their own business.
32% of industrial co.'s plan relocation of capacities abroad or reduction of production in Germany.
🔹 Mail order retailer 📦, Klingel GmbH (Bell group) declares bankruptcy after 100 years in operation.
🔹German industrial 🏭 production weakened further in July, with energy-intensive industry approaching again the low, set in Dec. 2022.
🔹50,600 businesses closed down in H1 2023, an increase 📈 of 12.4% compared to H1 2022. In balance, there has been an increase in new start-ups. The number of corporate insolvencies rose 23.8% in July compared to July '22.
🔹 The outflow of capital from Germany since 2013 has exceeded $600 billion, with almost half of that happening in the last two years.
🔹Allensbach Survey -
58% of business executives said that Germany has passed its zenith.
76% of managers believe that concerns are justified over de-industrialization.
🔹 The ifo Business Climate Index (July 2023) has fallen 📉 for the third month in a row.
🔹The number of company bankruptcies in EU
Previous parts on the de-industrialisation of Germany 🇩🇪:
💠 Part 9 - Aug. '23
💠 Part 8 - Jun. '23
💠 Part 7 - May '23
💠 Part 6 - Mar '23
💠 Part 5 - Feb. '23
💠 Part 4 - Jan. '23
💠 Part 2 and Part 3 - Nov. '22
💠 Part 1 - Oct. '22
Video source - AfD Clips
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From a call about a project to build Muslim private sector networks
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Germany to predict economic contraction in 2023 instead of sluggish growth
The German government will predict a contraction for this year instead of sluggish growth when it updates its outlook next month, Bloomberg reported, citing people familiar with the revised forecast.
Gross domestic product is likely to contract in Q3 and expand only slightly in Q4, implying the economy will shrink at an annualized rate in 2023.
Instead of the 0.4% full-year growth forecast at the end of April, the government will reportedly downgrade its outlook to a contraction of as much as 0.3%.
The revision would bring Germany in line with other pessimistic forecasts from the International Monetary Fund (-0.3%) and the European Commission (-0.4%).
The German government will predict a contraction for this year instead of sluggish growth when it updates its outlook next month, Bloomberg reported, citing people familiar with the revised forecast.
Gross domestic product is likely to contract in Q3 and expand only slightly in Q4, implying the economy will shrink at an annualized rate in 2023.
Instead of the 0.4% full-year growth forecast at the end of April, the government will reportedly downgrade its outlook to a contraction of as much as 0.3%.
The revision would bring Germany in line with other pessimistic forecasts from the International Monetary Fund (-0.3%) and the European Commission (-0.4%).
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Forwarded from Intel Republic
Israel's current "extremist" gov is "torpedoing any possibility of rapprochement with Palestinians" Saudis tell US as they abandon peace deal talks per media reports.
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Forwarded from Multipolar Market
🌍 African countries formed a new alliance
Niger, Burkina Faso, and Mali have signed a charter that establishes the Alliance of Sahel States (AES) to create a collective defense architecture, Mali's interim president Assimi Goïta said on his X account (Twitter).
An aggression against one AES party would be considered an aggression against other parties and would require the assistance of all countries in the treaty, including military force, the document signed on Saturday says.
The decision came amid talks between a delegation of the Russian Defense Ministry and representatives of Mali, Burkina Faso, and Niger.
In early September, Russian military officers led by Deputy Defense Minister Yunus-Bek Yevkurov visited Burkina Faso. During the talks with the head of state Ibrahim Traoré, they discussed military-technical cooperation, including the training of Burkina Faso's military, including pilots, in Russia.
On September 16, Yevkurov held closed-door talks with Malian President Assimi Goïta and Niger's Defense Minister Salifou Modi, Malian television reported.
Earlier, the Economic Community of West African States (ECOWAS) suspended the membership of Niger, Burkina Faso, Mali, and other countries where the military has seized power. The community has also threatened Niger with intervention, while France has voiced support for the decision. Mali and Burkina Faso promised to assist Niger in case of intervention.
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Niger, Burkina Faso, and Mali have signed a charter that establishes the Alliance of Sahel States (AES) to create a collective defense architecture, Mali's interim president Assimi Goïta said on his X account (Twitter).
An aggression against one AES party would be considered an aggression against other parties and would require the assistance of all countries in the treaty, including military force, the document signed on Saturday says.
The decision came amid talks between a delegation of the Russian Defense Ministry and representatives of Mali, Burkina Faso, and Niger.
In early September, Russian military officers led by Deputy Defense Minister Yunus-Bek Yevkurov visited Burkina Faso. During the talks with the head of state Ibrahim Traoré, they discussed military-technical cooperation, including the training of Burkina Faso's military, including pilots, in Russia.
On September 16, Yevkurov held closed-door talks with Malian President Assimi Goïta and Niger's Defense Minister Salifou Modi, Malian television reported.
Earlier, the Economic Community of West African States (ECOWAS) suspended the membership of Niger, Burkina Faso, Mali, and other countries where the military has seized power. The community has also threatened Niger with intervention, while France has voiced support for the decision. Mali and Burkina Faso promised to assist Niger in case of intervention.
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Niger, Burkina Faso, and Mali have signed a charter that establishes the Alliance of Sahel States
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Will traditionalism save the West, and should Muslims ally with the Right Wing?
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Middle Nation
My thoughts on the Azerbaijan-Armenia conflict
what subsequently happened:
According to the Azeri media APA, an agreement was reached that includes the following:
1. The formations of the Armenian armed forces and the illegal Armenian armed groups located in the Karabakh region of the Republic of Azerbaijan lay down their arms, abandon their combat positions and military posts and disarm completely. Units of the Armenian armed forces leave the territory of Azerbaijan and illegal Armenian armed groups are released.
2. At the same time, all weapons and heavy equipment are delivered.
3. It is ensured that the above-mentioned processes are carried out in coordination with the Russian peacekeeping contingent.
According to the Azeri media APA, an agreement was reached that includes the following:
1. The formations of the Armenian armed forces and the illegal Armenian armed groups located in the Karabakh region of the Republic of Azerbaijan lay down their arms, abandon their combat positions and military posts and disarm completely. Units of the Armenian armed forces leave the territory of Azerbaijan and illegal Armenian armed groups are released.
2. At the same time, all weapons and heavy equipment are delivered.
3. It is ensured that the above-mentioned processes are carried out in coordination with the Russian peacekeeping contingent.
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Someone is again messaging people from the discussion group posing as me or an admin. It's spam. I don't contact anyone unless they have asked me to message them directly.
Block and report, please.
Block and report, please.
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Al-Hamdulillah, the Middle Nation YouTube channel has just crossed 100k subscribers. Jazakum Allahu khayran everyone. I never thought I would get even half this many people interested in my content. A quarter even.
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Forwarded from The Cradle
Saudi FM calls for Palestinian state in UN speech
Saudi Arabia is demanding the establishment of a Palestinian state in exchange for normalization with Israel
Saudi Arabia is demanding the establishment of a Palestinian state in exchange for normalization with Israel
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Economic power vs political power & Muslims in the Western periphery
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