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
Geopolitics
Pearls & Irritations: Zionist lawfare comes for Australian journalist
The Zionist federation of Australia should be recognised as a duplicitous and malicious actor in Australian society and politics. Read Article HERE
Corruption
Thomas Piketty: Sanction the oligarchs, not the people
The Ukrainian crisis has revived an old debate, namely, how to effectively sanction a state like Russia? Let’s say it straight away: it is time to imagine a new type of sanction focused on the […]
Economics
Adam Tooze: The Death of the Central Bank Myth
For decades, monetary policy has been treated as technical, not political. The pandemic has ended that illusion forever. Read here
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