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.
Economics
Bill Mitchell: Be careful using first release data – Britain now surges ahead of Europe!
Overall I still cannot see a major macroeconomic impact coming from Britain’s exit from the European Union. The Remainers are now hanging on to the inflation differentials between Britain and Europe as evidence. Read HERE
Geopolitics
Ryan Grim, Murtaza Hussain: Jeffrey Epstein Aided Alan Dershowitz’s Attack on Mearsheimer and Walt’s “Israel Lobby”
Epstein and Alan Dershowitz collaborated on smear campaigns against Mearsheimer, Walt, and an underage assault victim making allegations against Epstein—in the same week. Read Article HERE
EU politics
Sven Giegold: Commission Proposal on Company Law: Promotional Programme for Tax and Social Dumping in Europe
Wasn’t the EU being reformed? The question is for whose benefit? It looks like the same old EU policy of serving the interests of corporations at the cost of its citizens. Read here
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