The first estimate for extra–EU exports of goods in September 2022 was €232.0 billion, up by 24.0% compared with September 2021 (€187.1 bn). Imports from the rest of the world stood at €277.8 bn, up by 48.2% compared with September 2021 (€187.4 bn). As a result, the EU recorded a €45.8 bn deficit in trade in goods with the rest of the world in September 2022, compared with –€0.3 bn in September 2021. Intra–EU trade rose to €383.0 bn in September 2022, +26.1% compared with September 2021
Economics
Bill Mitchell: US labour market reverses direction but for how long?
The current position of the US government has biased their stimulus spending towards the corporate sector and high income earners. Read here
EU-Institutions
Corporate Europe Observatory: Lobbying the EU
A trio of studies examining the “revolving door”, the transparency register, and how much big companies have spent on lobbying the EU Read Here European Commission, Photo Credit: Stephane Mignon
Austerity
Danny Dorling: This is what peak inequality looks like
This is an era of gross unfairness. But it will slowly come to an end Read here
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