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
Economics
South China Morning Post: 1 year on, EU alternative to China’s belt and road fails to deliver
“A recent gala event held in the metaverse to explain the Global Gateway concept to 18-35 year olds was lampooned online after just a handful of users logged on – despite the EU forking out […]
Climate Crisis
Bill McKibben – Trust Is Hard to Find at the U.N. Climate Summit in Glasgow
Young activists are right to doubt the pledges of governments, financial firms, and the fossil-fuel industry. Read here
Energy
Transport & Environment: E-fuels would emit ‘five times as much as electric cars’ if EU criteria weakened
New analysis shows that e-petrol cars would emit 61 gCO2e/km under the Renewable Energy Directive’s criteria for carbon neutrality. Read HERE
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