This sure as hell isn't healthy - and no Brexit either... Germany tumbles into recession as economy hit harder by Brexit than Britain ANGELA MERKEL has faced a major blow as Germany has tumbled into recession, while Britain is expected to grow faster than Germany despite the economy being shaken by Brexit. The Bundesbank said the German economy contracted again in the third quarter of the year. That followed a decline in output of 0.1 per cent in the second quarter, leaving the single currency bloc’s largest economy in recession. The country’s central bank said in its monthly report: “Germany’s economic output could have shrunk again slightly in the third quarter of 2019. “The decisive factor here is the continued downturn in the export-oriented industry.” The Bundesbank added this downturn was also casting a shadow on the rest of economy. It said: “Early indicators currently provide few signs of a sustainable recovery in exports and a stabilisation of the industry.” An economic recession is triggered when GDP falls during two consecutive quarters, or six months. please log in to view this image Angela Merkel has faced a setback as Germany has tumbled into recession (Image: GETTY) Germany’s continued slump comes after Germany’s GDP fell by 0.1 percent in the three months from April to June. Germany has been affected by weakness across much of Europe. This includes the UK. The British economy also contracted in the second quarter, by 0.2 per cent.
Jeremy Corbyn is now complaining that the world's most wanted terrorist, Al Baghdadi, psychopathic leader of ISIS, should have been arrested and not allowed to kill himself What world is the guy living in?
finally the evidence of interference in foreign governments by trump and his people has been found they admit interfereing in the ukraine get out of that trump
#Marcher@MarcherLord1 12h12 hours ago More “The Tories have forced us to use Food Banks” please log in to view this image
Official data out tomorrow. Could show that Germany is in a technical recession from tomorrow. Factually though, it's not right to say Germany are in recession until we know they are. Just like one quarter of negative UK growth didn't put us in a recession. I don't mind a proper discussion about why Germany has a slowing economy (as does the UK) and which is better placed to attract the type of long term investment the type of which Musk is offering, but only if we stick to the facts.
We're not, but our growth is very flat (0.1%) over the last 6 months. Contrasts with 0.3% growth in Germany over the same period.
Coffee House What Hillary Clinton doesn’t understand about Brexit Brendan O'Neill please log in to view this image please log in to view this image Brendan O'Neill Is anyone else watching Hillary Clinton’s whirlwind trip to the UK and thinking to themselves: ‘Thank God she didn’t become president?’ All her worst traits have been on display. Her arrogance. Her penchant for lecturing foreign countries (in this case ours). Her harebrained conspiracy theories. Her belief that loads of people are racists — or ‘deplorables’, as she once put it. Can’t we organise a protest or something? I’ll make the placards. ‘GO HOME, HILLARY.’ She’s here with her daughter Chelsea — the dictionary should replace its definition of the word nepotism with just a photograph of Chelsea Clinton — to promote their book, The Book of Gutsy Women. That’s clearly how Hillary and Chelsea see themselves. As gutsy women. I guess it does take a great deal of courage to live in vast mansions and earn £190k ($250k) for a speech to filthy-rich bankers about diversity or whatever. I wonder if the numerous women adversely affected (to put it politely) by the various Hillary-cheered wars in the Middle East think the Clintons are gutsy? Someone should ask them. From the moment she arrived, Hillary has been insulting Britain and its people. She’s called into question the wisdom of our democratic vote to leave the EU. She is ‘concerned’ about where the the UK is heading. You shouldn’t ‘separate yourself from Europe’, she said. ‘Democracies need to stick together.’ We’re not separating ourselves from Europe, Hillary. We’re separating ourselves from the EU. Europe is a vast continent that has existed for aeons; the EU is a bloated, bureaucratic nightmare that has only existed, in its current form, since 1993. We’ll be fine. Also, speaking of ‘democracies’ — we voted to leave, and that’s why we’re leaving. That’s how democracy works: you lost the 2016 presidential election and your Euro-chums lost the 2016 EU referendum. Warming to her theme that Britain is in a dark place right now, Hillary called on the government to release the report about alleged Russian interference in UK politics. This is the unpublished intelligence analysis that has caused a frenzy of whispers and rumours among Remainers and leftists who are increasingly convinced, a la Joseph McCarthy, that Russians are hiding in plain sight in the UK and are puppeteering our politicians. We’re ruled by the Kremlin Konservative party, these mad chattering-class conspiracy theorists claim. Hillary has never seen an anti-Russian conspiracy theory she didn’t love, so it’s no surprise that she has leapt upon this story. It is ‘inexplicable and shameful’ that the government hasn’t released the report, she says. Apparently ‘there is a lot of evidence’ that Russia played a role in the vote for Brexit. Oh, really? Where? Of course she is saying the same — still — about Donald Trump’s victory. She’s still banging that tattered drum. She told the Today programme that she ‘has no doubt of the role that Russia played’ in the US elections. Even though the Mueller report found little evidence for that. Even though many of the Russian bots stories have been exaggerated. For Hillary and other members and supporters of the old, exhausted liberal elite, Russia has become the explanation for everything that doesn’t go their way. Hillary can’t accept that many people just didn’t want to vote for her, just as some hardcore Remainers can’t accept they lost the referendum fair and square. And so like modern-day McCarthyites they weave increasingly mad tales about the Kremlin polluting American and British people’s minds and reducing us to the unwitting playthings of the Putin regime. It’s insane. It brings to mind a line from a very good Matt Taibbi piece in Rolling Stone on Hillary’s never ending Russia obsession: ‘Hillary Clinton is nuts.’ Anti-Russian hysteria is the comfort blanket liberal-elite losers on both sides of the Atlantic wrap around themselves to avoid having to confront the question of why they are so unpopular with vast swathes of the public. And Hillary still wasn’t done. She then had a pop at our press and at social-media users for their supposedly racist and sexist treatment of Meghan Markle. She says there is ‘absolutely’ a racist element to the criticisms of the duchess. It is ‘heartbreaking and wrong’, she says. All Meghan did was fall in love with Harry, and him with her and you dim Brits ‘should be celebrating that’. Erm, we did. There were big celebrations when they got married. Everyone liked her. Until she started spouting woke nonsense and banging on about climate change in between taking private-jet trips to the South of France. I hate to break it to you, Hillary, but Brits don’t take kindly to being lectured by PC Americans. So we aren’t racist. We aren’t deplorable. We aren’t the mental slaves of the new Russian empire. We’ve just had enough of out-of-touch elites looking down on us. And in that spirit: please go home, Hillary.
why do you suspect that Short contracts forcing Labour staff to use food banks, insider claims Anonymous employee says debt and payday loans ‘should not be the reality for our staff’ Jessica Elgot Political correspondent @jessicaelgot please log in to view this image Audience members at the Labour party conference in September. The author of the LabourList article works at the party’s national communications centre. Photograph: James McCauley/Rex/Shutterstock An anonymous Labour staffer has alleged that colleagues have been forced to use payday lenders and food banks because of insecure short-term contracts, and has called on party members to lobby management for better working conditions. In an article for LabourList, the employee said colleagues received “intolerable abuse” from some Labour members while working in the party’s communications headquarters in Newcastle and had difficulty making ends meet. They said many Labour employees were on insecure 12-hour week contracts, sometimes for just a couple of months. “I know of colleagues who have used payday lenders, I know of colleagues who have been to food banks and I know of colleagues who are now in long-term debt,” the staffer wrote. “These are staffers who are employed as on as little as 12 hours a week and don’t know how many hours they will work next week. These are colleagues who have contracts lasting as little as two months, outside of election time, and these are colleagues who have families and children to support. That isn’t working to live, that’s working to survive.” Short-term contracts are common for political campaigns and are regularly used by all political parties. Labour said its staff were fully unionised and there were regular discussions between senior management and staff representatives. A spokesman said: “Labour party employees are paid no less than a real living wage of £10 an hour and the party does not use zero-hours contracts.” Labour’s general secretary Jennie Formby tweeted in response to the story saying that she would respond to the points raised and had personally overseen a wage increase for staff. “As a lifelong trade unionist I will always listen and respond to employees’ concerns,” she said. Jennie Formby (@JennieGenSec) One of my first acts as GS was to increase our call centre worker wages to £10 ph. Labour employees have full union recognition and collective bargaining through @GMB and @unitetheunion. As a lifelong trade unionist I will always listen and respond to employees’ concerns https://t.co/YsBwjGRfBf October 9, 2018 A party source said employees would be encouraged to raise any concerns about working conditions, including those in financial difficulty who could receive advice and support from the party. It is understood there is no live official dispute between staff and management. The staffer, who works at the Labour national communications centre, said the situation was common for many people across the country but it “should not be the reality for our own staff, the bedrock of our movement.” Labour should be held to a higher standard, the staffer wrote, asking Jeremy Corbyn and Tom Watson, as well as MPs and trade unions, to take action. The staff member said many on short-term contracts were given only a few hours notice of when they were needed. “This isn’t Sports Direct. These are our brothers and sisters and they have families and kids to pay for,” they wrote. “Party staffers are relying on tax credits to make ends meet while fighting tirelessly for a Labour government for the many. Our employment is insecure but we believe workers should have the right to contracted hours that match the hours we regularly work. “My call to the Labour movement is this: stand shoulder to shoulder with party staff and ask Jennie Formby to get round the negotiating table with us.” Another party employee who contacted the Guardian echoed the concerns in the LabourList piece and said they did not feel the party had engaged adequately with the problems raised. “Jennie’s tweet and the statement by the Labour Party don’t reflect the real situation. We aren’t being taken seriously,” the staffer said. “Staff are struggling with the hours they work and the uncertainty it brings. Most members of staff don’t agree with doing this through an article but agree with the points it raised.”
Why do the Tories constantly tell us what labour are going to do, how much it will cost, their immigration numbers etc etc, yet they dont tell us what they are doing or costs etc. What a bizarre campaign. People with half a brain are already questioning this. The others are just simple twats