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
David Jamieson – Donald Trump Is Exploiting Europe’s Weakness
‘Talks over the Ukraine war show that Donald Trump thinks both the US and Russia can end up as winners. Europe is being made to pay the price, as its leaders accept their role as […]
Corruption
Reuters: EU plan on bank money laundering pushes back action to next year
Once again the EU political elite demostrates its fealty to banks and corporations and protects their criminal activities. Read here
Geopolitics
Caitlin Johnstone: Israel Cuts Gaza’s Internet Amid Soaring IDF Atrocities
“Think of all the horrific images you’ve seen from Gaza. Now think of what worse carnage and murderous depravity Israel must be inflicting now to cut off the internet,” tweeted journalist Sam Husseini of the […]
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