Blogger The General Theorist wonders whether Christine Lagarde’s patchy performance as managing director of the IMF qualifies her for the trickier role of president of the European Central Bank. “The assumption that Lagarde is a like-for-like replacement of Mario Draghi is a huge misreading of her track-record.”
Economics
DeStatis – Germany: radical increase in imports from China and Russia, decrease in exports
Trade with China in April 2022 still largely unaffected by Covid-19 lockdowns Imports of chemical products grew almost six-fold year on year Exports to Russia decreased again in the second month of war in Ukraine […]
Climate Crisis
AP: Measuring climate change: It’s not just heat, it’s humidity
When it comes to measuring global warming, humidity, not just heat, matters in generating dangerous climate extremes, a new study finds. Read Here Photo: Alexandermcnabb licensed under the Creative Commons Attribution-Share Alike 4.0 International
Economics
The EU’s V Recovery: Why in a surging economy is inflation in minus territory?
The euro area annual inflation rate was -0.3% in October 2020, stable compared to September. A year earlier, the rate was 0.7%. Read here
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