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.
Economics
Bill Mitchell: ECB operations are like the wild west and beyond democratic legitimacy
“For a monetary system that professes virtue because it is so rule-driven, the day-to-day reality is a sort of ad hoc adventure where there are no rules.” Read here
Austerity
The Guardian: Child poverty in Britain set to soar to new record, says thinktank
Following Gremany’s increase in child poverty, the United Kingdom seems set to follow. Austerity effects those most vulnerable and without a weak voice. Children cannot even vote. This is no coincidence, this is neo-liberalism. Read […]
Economics
Noam Chomsky: US Push to “Reign Supreme” Stokes the Ukraine Conflict
Noam Chomsky delves into the phenomenon of irrational political panics in the U.S., with an emphasis on current developments on the foreign policy front — and the dangers of seeking to maintain global hegemony in […]
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