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.
EU politics
Thomas Fazi – The great Brussels stitch-up
Ursula Von Der Leyen is all set for a second term as European Commission President. In ‘Unherd’. Read the article HERE.
EU politics
David Cronin – German weapons giant acts as sales rep for Israel’s “suicide drones”
Genocide is a marketable commodity. That seems to be the message from Itzik Huber, a leading figure in the Israeli weapons maker UVision. “Israel is the best playground,” Huber told the website CTech in a […]
Climate Crisis
Bill Mitchell: The current inflation still looks to be a transitory phenomenon
The world is reeling from one crisis to the next, most of which are not resolving themselves. It is no wonder that there is inflation. But none of these can be rectified with interest rate […]
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