Bad new for a mercantlist economy that is not growing: In December 2022, German exports were down by 6.3% and imports by 6.1% on a calendar and seasonally adjusted basis compared with November 2022.
Economics
Bill Mitchell: The Left has failed during the pandemic but not because they supported restrictions
“Where the Left has let us down is in failing to use their political voice to insist that governments accompany the lockdowns with (among other things): Full income support for workers unable to ‘work from […]
EU politics
msn: Germany approved €6.6m Israel arms exports during Iran war
Germany approved arms exports to Israel worth €6.6 million ($7.8 million) in the first weeks of the Iran war, government data showed, though the volume remained relatively low. Read Article HERE
Economics
Paul De Grauwe and Yuemei Ji: Financial engineering will not stabilise an unstable euro area
If you can get through it, there are some interesting points made. Read here
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