The German current account surplus of probably 7 per cent of GDP in the current year is an unparalleled scandal. However, it becomes a real political catastrophe when Germany accuses countries that have fairly balanced balances, such as China, or even high current account deficits, such as the USA, of mercantilism when they defend themselves against the actual mercantilists.
Geopolitics
Scheer Post: South Africa Invokes Genocide Convention Against Israel
South Africa becomes the first nation to approach the ICJ with regard to Israel’s attacks on Palestinians. Read HERE
Climate Crisis
Unearthed: Car industry calls for EU climate targets to be delayed due to Coronavirus
Car manufacturers have had years to prepare for this. A few weeks cannot throw a spanner in the works. This is absurd and opportunistic. Farmers are making similar claims with regard to the introduction of […]
Aviation
Mirror: Greenpeace slams ‘twisted economics’ that make flights 30 times cheaper than eco trains
A study of domestic and international flights across Europe by Greenpeace has found that tickets for trains are on average twice as expensive as for flights, despite the former being much greener Read HERE
Be the first to comment