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.
Austerity
Thiemo Fetzer : Tory Austerity And Welfare Cuts Like Bedroom Tax Directly Caused Brexit, New Study Finds
Better late than never. Was Brexit then just a repudiation of UK austerity, or did voters understand the the political establishment in Britain were also part of broader EU policy? Read here
Economics
Bill Mitchell – Forget the record deficits and public debt – focus on what the net spending is doing to advance well-being
MMT economists have always held the view that a focus on deficits and debt aimed at assessing solvency thresholds and the like has never been justified and has underpinned destructive policy interventions that have undermined […]
Climate Crisis
DeSmog UK: Investigation: The Problem with Big Oil’s ‘Forest Fever’
Elon Musk, Greta Thunberg, Rishi Sunak, Donald Trump — trees suddenly have an eclectic mix of fans, all drawn to the apparent simplicity of their carbon-locking power. Now Big Oil has joined the party, in […]
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