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.
Finance
Frances Coppola: Apple Isn’t Disrupting Banks, It Is Helping Them
The card that is “created by Apple, not a bank” is actually issued by – a bank. Read here
EU politics
Politico: EU leaders ink €7.4B economic aid, migration deal with Egypt
Major package comes as EU officials tout new focus on curbing migration ahead of European Parliament election. Read HERE
Economics
Eurostat: GDP up by 0.1% in the euro area and stable in the EU
Eurostat claims that GDP up by 0.1% in the euro area and stable in the EU. How did they do it? Just look at Ireland and its tax avoidance economy. 15.7% growth in Q4. The […]
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