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
DeStatis – Germany: Manufacturing in August 2023: stock of orders -4.7% year on year
Germany’s recession continues. The government plans to introduce austerity measures and increase VAT for energy and restaurants, which will probably worsen this trend. Read HERE
Economics
Bill Mitchell: Bank of England Governor just didn’t go far enough
Bill Mitchell examines the policies of the Bank of England Governor Andrew Bailey Read Here
EU politics
Wolfgang Munchau – What happens at EU’s eastern borders?
The next step to shooting people on EU borders is closer than anyone dares to think. As usual, EU liberal-democracy is nothing more than moral posturing behind which stands a brutal neo-liberalism. Not mentioned in […]
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