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
Climate Crisis
Climate Home News: European court throws out climate lawsuit, saying plaintiffs are not unique
This court case has been deemed inadmissible because, according to the courts, the plaintiffs have not been affected by climate change directly. Now if a transational corporation claimed that its profits are suffering from climate […]
Climate Crisis
Robin Scher: As Cryptocurrency Becomes Mainstream, Its Carbon Footprint Can’t Be Ignored
As Bitcoin prices rise, so will the incentive to mine it, creating a feedback loop that spells trouble for the climate. Read here
Climate Crisis
Ben Wray – China and the geopolitics of the green transition
The West is happy to sacrifice speed in its own green transitions to prevent China from controlling it’s shape. In ‘The Transnational Institute’. Read the full article HERE.
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