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
Dani Rodrik: “Globalization Has Contributed to Tearing Societies Apart”
In an interview with ProMarket, Harvard economist Dani Rodrik explained where globalization went wrong, how trade agreements serve rent-seeking by politically well-connected firms, and why the only solution to the rise of political populism is […]
Climate Crisis
Transport & Environment: In tests, cars powered by e-petrol pollute the air as much as petrol
Running cars on e-fuels, which have been touted as a way to prolong the life of the internal combustion engine, will not alleviate air pollution problems. Read here
EU politics
Grace Blakeley: The dark side of the UK’s jobs boom
A financialised economy and weak trade unions mean record employment has done little to increase workers’ pay. Read here
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