In the Financial Times, Martin Wolf noted a few days ago that imbalances in international trade are back on the political agenda. Although Wolf reaches entirely reasonable conclusions regarding mercantilism, he nevertheless states that it is nonsense to claim that the US trade deficits can be eliminated solely through trade or exchange rate policy. He believes that this would “also require macroeconomic adjustments, in particular a reduction in the US public budget deficit, which the IMF forecasts at 7.5 per cent of GDP for 2026”.
Economics
DeStatis: Inflation in Germany increases again in January
Consumer price index, January 2023: +8.7% on the same month a year earlier (provisional) +1.0% on the previous month (provisional) Read Here
Economics
Eurostat – EU Recession: Industrial production down by 1.2% in the euro area and by 0.6% in the EU in January 2026 year on year
Industrial production down by 1.5% in the euro area and by 1.6% in the EU in January 2026 compared with December 2025 Read Article HERE
Economics
EU: Where youth unemployment over 15% is normal (soon 20%?)
How the EU political class is sabotaging Europe’s future. But if you wish to introduce developing world wages in the EU, this is the way. Read here
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