Germany increases Russian oil imports – via India. EU remains major buyer of Russian LNG – at a higher price – than for pipeline gas. Russia’s economy grows, Western sanctions have failed.
Economics
DeStatis – Germany: Exports in August 2023: -5.8% year of year
This is not good news for Germany’s mercantilist economy. Read HERE
Geopolitics
BBC: Namibia to mark German colonial genocide for first time with memorial day
Genocide is a German passion. 35 years before their genocide against Jews, Roma and Sintis, and citizens of the Soviet Union they did the same in Namibia. In fact, some Germans participated in both genocides. […]
Austerity
Emma Clancy: The Eurozone’s Coronavirus Debt Crisis
At last night’s Eurogroup meeting, southern states asked for solidarity in the midst of a horrific pandemic and had the door slammed in their faces. The long-term consequences for the EU could be profound. Read […]
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