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
Larry C. Johnson -Strategic Oil Reserve Nears Collapse… US Must Choose: Guns or Butter
As of the week ending June 12, 2026, the US Strategic Petroleum Reserve (SPR) held approximately 340.25 million barrels of crude oil… Sounds like a lot, but it is approaching the danger zone. In late […]
Finance
Frances Coppola: Deutsche Bank Faces A Smaller, Poorer Future
Another German Champion bites the dust. More to follow. Read here (Photo by Alberto Pezzali/NurPhoto via Getty Images)
Geopolitics
Sky News: British Airways pulls Louis Theroux podcast funding over Bob Vylan interview
Bob Vylan: “Make no mistake, this is a scare tactic. I went on the podcast and as hard as the lobby groups and media tried, they couldn’t twist anything I said. So they have resorted […]
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