Consumer price index, August 2022
+7.9% on the same month a year earlier (provisional)
+0.3% on the previous month (provisional)
Economics
Bill Mitchell: European Commission processes still biased towards fiscal austerity
I consider that there is little hope that European Commission will be able to resume its Excessive Deficit Mechanism process in 2022 without causing massive damage to already damaged economies. But I have no doubt […]
Geopolitics
Thomas Fazi – Israel’s mixed blessing for Ukraine
The war is not going well for Ukraine, and American politicians are distracted and increasingly resistant to hand over aid. Peace talks with Russia now look inevitable. Read the article HERE.
Economics
Eurostat: Euro area international trade in goods deficit €34.0 bn – €42.3 bn deficit for EU
The first estimate for euro area exports of goods to the rest of the world in July 2022 was €235.5 billion, an increase of 13.3% compared with July 2021 (€207.8 bn). Imports from the rest […]
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