The first estimate for euro area exports of goods to the rest of the world in August 2022 was €231.1 billion, an increase of 24.0% compared with August 2021 (€186.4 bn). Imports from the rest of the world stood at €282.1 bn, a rise of 53.6% compared with August 2021 (€183.6 bn). As a result, the euro area recorded a €50.9 bn deficit in trade in goods with the rest of the world in August 2022, compared with a surplus of €2.8 bn in August 2021. Intra–euro area trade rose to €210.5 bn in August 2022, up by 34.8% compared with August 2021
Economics
Jeremy Corbyn: ‘Public Ownership Is About Democracy’
Public ownership isn’t just more effective, it’s more democratic – it’s time to take vital services like rail, mail, energy, and water out of the control of remote CEOs and unaccountable shareholders. Read Here
EU politics
Unearthed: Privatising the seas: how the UK turned fishing rights into a commodity
The decline of British fishing drove coastal support for leaving the EU, but many of the industry’s problems have an origin closer to home. Read here
EU politics
Sigrún Davíðsdóttir’s Icelog: Iceland: from fishing to tourism / 10 years on
Whatever happened to Iceland. If you wish to get up to speed on developments in Iceland, this article is well worth reading. Read here
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