The first estimate for euro area exports of goods to the rest of the world in January 2022 was €199.5 billion, an increase of 18.9% compared with January 2021 (€167.8 bn). Imports from the rest of the world stood at €226.7 bn, a rise of 44.3% compared with January 2021 (€157.1 bn), driven by a further increase in energy imports.
Climate Crisis
Michael Mann: On the climate crisis, delay has become the new form of denial
But the D-word du jour is delay. And we’ve become all too familiar with the lexicon employed in its service: “adaptation,” “resilience,” “geoengineering” and “carbon capture.” These words offer the soothing promise of action, but […]
Economics
Matthias Matthijs, R. Daniel Kelemen: The Other Side of Angela Merkel
What the world has misunderstood about the German chancellor. Read here
Economics
Stephanie Kelton: Modern Monetary Theory Is Not a Recipe for Doom
There are no inherent tradeoffs between fiscal and monetary policy. Read here
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