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
Media
Chris Dillow: The Puzzle of Media Influence
Newspapers and television news are losing readers and viewer at an incredible rate. Why are this still so influential? Read Here
Austerity
Bill Mitchell: German threats of exit rely on the ignorance of others reinforced by Europhile progressives
Bullying is the hallmark of politics in Europe it seems. Read here Photo: youtube
EU politics
Reuters – German gas consumption increases in comparison to past
Last week’s usage of natural gas by German households and small industry was 483 gigawatt hours, up 14.5% above the average for that week over the past four years, the Federal Network Agency said. Read […]
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