In the first quarter of 2022, the EU seasonally adjusted current account of the balance of payments recorded a surplus of €16.6 billion (0.4% of GDP), down from a surplus of €52.2 billion (1.4% of GDP) in the fourth quarter of 2021 and down from a surplus of €126.4 billion (3.6% of GDP) in the first quarter of 2021.
Climate Crisis
euronews: Shell, BP, Exxon: Seized emails reveal ‘deceptive’ climate tactics and greenwashing
Shell is not willing to reduce CO2 emissions beyond levels that make “business sense”, according to a PR email unearthed in a US investigation. Read HERE
EU politics
Bill Mitchell: EU Services Notification Directive will undermine democracy within cities
How the non-democratic EU Commission continues to usurp power to serve corporations. It is good that Bill Mitchell has picked up on this and provides a thorough analysis. This is truly important. Read here
Aviation
Business Traveller: Air France told not to compete with the TGV
This is something that should be happening everywhere in Europe. But not only cutting back flights, but all domestic flights.. Read here
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