In the second quarter of 2022, the EU seasonally adjusted current account of the balance of payments recorded a deficit of €37.4 billion (–1.0% of GDP), down from a surplus of €8.8 billion (0.2% of GDP) in the first quarter of 2022 and down from a surplus of €104.8 billion (2.9% of GDP) in the second quarter of 2021
EU politics
+972: Germany never stopped arming Israel’s genocide
A new bilateral cybersecurity deal and the continued flow of weapons leave little ambiguity about Germany’s stance: not accountability, but normalization. Read Article HERE Photo: Screen grab from film by Israel’s Government Press Office.
Economics
German Foreign Policy: Strategies Against BRICS
Berlin debates how to deal with BRICS’ increase in influence. The group admits six new members, embeds itself intensively in the Middel East and weakens the position of the US dollar. Read HERE
Austerity
Bill Mitchell – US Congress to consider a vote on condemning MMT – signals progress
When the US Far Right and liberal economists start panicking like this, you are obviously on the right track. Read here
Be the first to comment