The first estimate for euro area exports of goods to the rest of the world in July 2022 was €235.5 billion, an increase of 13.3% compared with July 2021 (€207.8 bn). Imports from the rest of the world stood at €269.5 bn, arise of 44.0% compared with July 2021 (€187.1 bn). As a result, the euro area recorded a €34 bn deficit in trade ingoods with the rest of the world in July 2022, compared with a surplus of €20.7 bn in July 2021. Intra–euro areatrade rose to €224.8 bn in July 2022, up by 24.0% compared with July 2021
EU politics
Portugal’s Socialists toast ‘biggest ever’ election win
From Politico The Portugese Socialist Party won an impressive electoral victory following its easing of austerity. Danger lurks, however, as the two far left parties in coalition with the Socialists, crucial in driving anti-neo-liberal policy, […]
EU politics
Rune Møller Stahl – In Denmark, Social Democracy Is Failing
‘Around Europe, old labour parties have alienated their base by forming grand coalitions with centre-right forces. In Denmark, Mette Frederiksen’s Social Democrats have pursued this same strategy with the same dismal results.’ In Jacobin. Read […]
Geopolitics
Sondos Asem – Judges clear ICC’s Karim Khan over sexual misconduct claims
Had Khan been in the Epstein Files it would never had come to this, but prosecuting Zionist Nazi war criminals is another matter. Panel appointed by war crimes court’s governing body says UN probe has […]
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