The first estimate for extra–EU exports of goods in September 2022 was €232.0 billion, up by 24.0% compared with September 2021 (€187.1 bn). Imports from the rest of the world stood at €277.8 bn, up by 48.2% compared with September 2021 (€187.4 bn). As a result, the EU recorded a €45.8 bn deficit in trade in goods with the rest of the world in September 2022, compared with –€0.3 bn in September 2021. Intra–EU trade rose to €383.0 bn in September 2022, +26.1% compared with September 2021
Economics
Bill Mitchell: The Merkel failure
An excellent summarisation of what everyone knew, but few dared to say until Merkel was gone. Read here
Economics
Ingrid Harvold Kvangraven: Beyond Eurocentrism
If you really want decolonisation, go beyond cultural criticism to the deep structural insights of economist Samir Amin Read Here Samir Amin in 2009. Photo courtesy Skill Lab/Flickr
Climate Crisis
Reuters: European Investment Bank postpones decision on fossil fuel lending
Why does the EU have to support Germany’s natural gas industry? Once again the “Environment Chancellor”, Angela Merkel, has only one goal: increasing profits for corporations. Read here
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