The first estimate for euro area exports of goods to the rest of the world in January 2022 was €199.5 billion, an increase of 18.9% compared with January 2021 (€167.8 bn). Imports from the rest of the world stood at €226.7 bn, a rise of 44.3% compared with January 2021 (€157.1 bn), driven by a further increase in energy imports.
Austerity
Bill Mitchell: The European Commission non-stimulus is a waiting game before new austerity is imposed
As the world sinks into the deepest crisis in more than 100 years, we have had a succession of demonstrations of what is wrong with the structure of the European Union. Read here
Geopolitics
The Cradle: Israeli troops caught on camera executing unarmed Palestinians in West Bank’s Jenin
The Palestinian men, both members of a resistance faction, were shot dead after surrendering themselves and declaring that they were unarmed Read Article HERE Photo: Twitter
EU politics
The Kyiv Independent: Massive explosion rocks Italian ammunition plant that produces artillery for Ukraine
A large-scale blast hit an ammunition factory in the Italian town of Colleferro, near Rome, on Aug. 13, local authorities and regional media reported. The factory is operated by KNDS Ammo Italy, a subsidiary of […]
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