The first estimate for euro area exports of goods to the rest of the world in August 2022 was €231.1 billion, an increase of 24.0% compared with August 2021 (€186.4 bn). Imports from the rest of the world stood at €282.1 bn, a rise of 53.6% compared with August 2021 (€183.6 bn). As a result, the euro area recorded a €50.9 bn deficit in trade in goods with the rest of the world in August 2022, compared with a surplus of €2.8 bn in August 2021. Intra–euro area trade rose to €210.5 bn in August 2022, up by 34.8% compared with August 2021
Geopolitics
France 24: UN top court rejects most of Ukraine’s ‘terror financing’ case against Russia
The United Nations’ top court on Wednesday (31 January 2024) mostly rejected Ukraine’s claims that Russia was financing “terrorism” in eastern Ukraine, saying only that Moscow had failed to investigate alleged breaches. Read HERE
Climate Crisis
ARC: EU Institutions – Productivity Now, Environment Maybe Later
The EU rollback on climate change picks up pace. Corporations have the EU political class in their pocket. Green lignite is around the corner. Read Here Agriculture Commissioner Janusz Wojciechowski Addresses European Parliament Plenary session […]
Economics
CNN: Laid-off flight attendants in Europe retrain to help hospitals with coronavirus crisis
This should have started throughout Europe months ago. Who needs an EU that has no useful policies and only wants to redistribute wealth to international corporations. These workers have no future in the aviation industry. […]
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