Around one-third of the value of the EU’s imports of cereals in 2021 originated from Ukraine (28.8% and valued at €1.7 billion) and Russia (4.8%) combined.
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Economics
Shaun Richards: The German economy contracts as inflation picks up on both Spain and Italy
Germany is entering recession, despite predictions from the great and the good that it wouldn’t. Read the article HERE.
Geopolitics
Turkish Minute: President Erdoğan gives himself the power to declare a mobilization
President Recep Tayyip Erdoğan has granted himself the authority to declare a mobilization in Turkey, a power that previously rested with the cabinet, with a new regulation published in the country’s Official Gazette on May […]
Economics
Heiner Flassbeck: The political elephant in the china store – and why you can’t or won’t see it
In English there is the beautiful expression of the “elephant in the room”, which is very big, but seemingly not discovered by anyone. People talk about all kinds of things that are in the room, […]
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