In the third quarter of 2022, the EU seasonally adjusted current account of the balance of payments recorded a deficit of €90.2 billion (–2.3% of GDP), down from a deficit of €40.3 billion (–1.0% of GDP) in the second quarter of 2022 and down from a surplus of €74.3 billion (+2.0% of GDP) in the third quarter of 2021
EU politics
Chris Dite – In Finland, the Left Alliance Just Trounced the Far Right
‘Europe’s elections saw gains for anti-immigration parties — but the breakthrough act in Finland was the Left Alliance, with 17% support. Its leader, Li Andersson, told Jacobin about why it did so well and how it defeated […]
Climate Crisis
Steve Keen: Nordhaus can have his Nobel, but we shouldn’t let his theory gamble with humanity’s future
William Nordhaus’s Nobel Prize in Economics in 2018 “for integrating climate change into long-run macroeconomic analysis” is safe. But the world isn’t. Read here
Economics
German Foreign Policy – EU/Africa: “A Colonial Model”
Serious tensions overshadow EU-Africa Summit. EU states still refuse to lift vaccine patents. EU wants Africa as its hydrogen supplier. Read Here
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