In the second quarter of 2022, the EU seasonally adjusted current account of the balance of payments recorded a deficit of €37.4 billion (–1.0% of GDP), down from a surplus of €8.8 billion (0.2% of GDP) in the first quarter of 2022 and down from a surplus of €104.8 billion (2.9% of GDP) in the second quarter of 2021
Climate Crisis
Tree Hugger: Why electric cars won’t save us: There are not enough resources to build them
“[W]e have to stop talking about how electric cars will save us; it takes too much stuff to make them all… We have to look… at making it easier for people to use… bikes, transit […]
Economics
Larry Elliot: Could Donald Trump’s lone ranger approach provide the silver bullet?
This could become truly embarrassing. First Donald Trump sank TTIP, saving Europeans from their own corrupt political elite. Now Larry Elliot raises the question if the world trade system has been so manipulated in the […]
Corruption
Reuters: Malta suffers second nationwide power cut in a month
Meanwhile back in one of the EU’s mafia states…. Read here
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