Most German exports in June 2023 went to the United States. After seasonal and calendar adjustment, exports of goods to the United States were down 0.2% compared with May 2023, with the value of exports to the United States dropping to 12.7 billion euros. Exports to the People’s Republic of China decreased by 5.9% to 8.2 billion euros and exports to the United Kingdom fell by 0.2% to 6.5 billion euros.
Geopolitics
Naman Karl-Thomas Habtom: Military Spending by Russia’s Neighbours
The Mongolian Option and Understanding European and Asian Divergences Read Article Here Map icensed under the Creative Commons Attribution-Share Alike 3.0 Unported license. Attribution: Aotearoa at Polish Wikipedia
EU politics
Devriş Çimen: Turkey’s election is about democracy itself
Turkey’s 14 May election could be a significant turning point. In Jacobin. Read the article HERE.
Finance
Eurostat: Contingent liabilities and non-performing loans in 2021
In 2020 and 2021, government guarantees provided to third parties in the EU increased notably, following the onset of the COVID-19 pandemic – especially in Germany. Read Here
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