Euro area annual inflation is expected to be 8.6% in June 2022, up from 8.1% in May according to a flash estimatefrom Eurostat, the statistical office of the European Union.
Eurostat: 2 Euro nations have over 20% inflation, another 7 over 10%
Economics
Reuters: Yuan tops euro as Brazil’s second currency in foreign reserves
The Chinese yuan has passed the euro to become the second most important currency in Brazilian foreign reserves, according to a central bank report on Friday, reflecting the deepening economic ties with Brazil’s biggest trading […]
Economics
DeStatis – Germany: High inflation led to a 4.4% decrease in real earnings in the 2nd quarter of 2022
While the corporations and billionaires keep raking it in, working people are becoming poorer. Read Here
Geopolitics
EuroNews – EU defends sovereign right to regulate tech against Trump’s latest tariff threat
After capitulating to Trump, did the European Commission really thing it would end there. The trade deal was agreed a month ago and The Donald is already back for more. Read the article HERE.
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