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.
Climate Crisis
Alyssa Battistoni – Climate change: There’s No Time for Gradualism
The urgency of climate change has never been clearer. We need a bold vision of a good and livable future — and a political program to match. Read here
Austerity
The Independent: Reject austerity to defeat populism, Portugal’s socialist prime minister António Costa tells EU
Portugal has abandoned austerity – maybe not in a radical manner – but even then the nation’s citizens and economy are faring much better than it ever did under austerity. Read here
Economics
Warren Mosler, Stuart Medina Miltimore – Rendezvous in Mallorca
An excerpt from a lengthy interview in October 2021including topics such as inflation, interest rates, employment, tax, the trillion-dollar coin and the future of MMT. Read here
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