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.
EU politics
AP: Greece plans floating border barrier to stop migrants
Towards the end of World War II as it was clear that the Germans had lost the war, Hitler informed his the Germans of “wonder weapons” (Wunderwaffen) that would bring victory. The Germans cheered madly. […]
Finance
Oxfam: OECD Inclusive Framework agrees two-pronged tax reform and 15 percent global minimum tax: Oxfam reaction
15% global minimum corporate tax rate (130 of 139 nations have agreed) “no more than a G7-money grab. Rich countries are forcing developing countries to choose between a raw deal or no deal…another form of […]
Economics
Heiner Flassbeck: Germany and Europe: Headless in the mid-20s
The first quarter of this century has come to an end, and unfortunately we must conclude that humanity has not become any wiser over the past hundred years. The mid-1920s have become a symbol of […]
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