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Economics

Eurostat: Euro area international trade in goods deficit €32.4 bn

June 22, 2022 Mathew D. Rose 0

Imports increasing, exports decreasing. This is not how you export yourself out of a crisis Read Here

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Economics

Eurostat: Euro area annual inflation up to 8.1%

May 31, 2022 Mathew D. Rose 0

This will be hitting the real incomes of low-paid workers hard. Time for a tax break for rich EU citizens and corporations. Read Here

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Economics

Eurostat: Industrial production down by 1.8% in the euroarea and by 1.2% in the EU

May 13, 2022 Mathew D. Rose 0

Among Member States for which data are available, the largest monthly decreases were registered inSlovakia (–5.3%), Germany (–5.0%) and Luxembourg (–3.9%). The highest increases were observed inLithuania (+11.3%), Estonia (+5.1%), Bulgaria and Greece (both +5.0%) […]

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Economics

Eurostat: EU current account surplus nears 10 year low

April 11, 2022 Mathew D. Rose 0

In the fourth quarter of 2021, the EU seasonally adjusted current account of the balance of payments recorded a surplus of €49.6 billion (1.3% of GDP), down from a surplus of €69.6 billion (1.9% of […]

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Economics

eurostat: March 2022 – Euro area annual inflation up to 7.5%

April 1, 2022 Mathew D. Rose 0

Who is going to pay for this? Read Here

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Economics

Eurostat: EU Exports Stagnating, Imports at Record High

March 23, 2022 Mathew D. Rose 0

The first estimate for euro area exports of goods to the rest of the world in January 2022 was €199.5 billion, an increase of 18.9% compared with January 2021 (€167.8 bn). Imports from the rest […]

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Economics

Eurostat: Eurozone trade deficit to 13-year high as it becomes increasingly dependent on China and Russia

February 15, 2022 Mathew D. Rose 0

The EU’s dependency on China and Russia due to Germany and Merkel’s “Germany First” policy has become all too obvious. Read Here

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Climate Crisis

Eurostat – EU: A fifth of road freight kilometres by empty vehicles

December 11, 2021 Mathew D. Rose 0

Not terribly efficient, especially in the age of the computer. Read here

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Economics

Eurostat – Green energy products 2020: EU imports exceed exports

December 7, 2021 Mathew D. Rose 0

Not terribly auspicious for creating well paid jobs in the renewable energy sector, but then Germany wants blue hydrogen, so that’s OK Read here

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Economics

Eurostat: Industrial production down by 1.6% in euro area and by 1.5% in the EU

October 13, 2021 Mathew D. Rose 0

The EU is not going anywhere at an amazingly rapid rate. Read here Photo: Wikimedia Commons

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Book Reviews

Economics

The Destiny of Civilization by Michael Hudson

June 11, 2022 0

In his latest book, economist Michael Hudson pits socialism against finance capitalism and tears apart the ‘dream civilization’ imposed by the 1 percent. By Pepe Escobar, posted with the author’s permission and cross-posted with The Cradle […]

Economics

The many in one: A review by Branko Milanović of Amartya Sen’s “Home in the world: A memoir”

May 20, 2022 0

Cross-posted from Branko’s blog Global Inequality No contemporary famous economist has as broad interests and knowledge, nor as diverse life experience as Amartya Sen. It is not surprising that many have been looking forward to […]

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