{"id":90882,"date":"2009-12-20T13:08:38","date_gmt":"2009-12-20T18:08:38","guid":{"rendered":"http:\/\/www.businessinsider.com\/european-trade-surplus-spikes-to-record-high-2009-12"},"modified":"2009-12-20T13:08:38","modified_gmt":"2009-12-20T18:08:38","slug":"europes-trade-surplus-spikes","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/90882","title":{"rendered":"Europe&#8217;s Trade Surplus Spikes"},"content":{"rendered":"<p>Europe&#8217;s October trade surplus exploded higher in October, hitting $8.3 billion. Note this was even before the Euro really started to crash against the dollar.<\/p>\n<p>Still, Europe&#8217;s trade surplus says more about the continent&#8217;s inability to consume imports, rather than a ability to trade right now. Exports fell less than imports, yet both fell.<\/p>\n<p style=\"padding-left: 30px;\"><a href=\"http:\/\/www.tradingeconomics.com\/Economics\/Balance-Of-Trade.aspx?Symbol=EUR&amp;amp;Source=Newsletter\">Trading Economics:<\/a> Unadjusted exports fell 17 percent year-on-year in October while imports dropped 24 percent, the European Union&#8217;s statistics office said. Adjusted for seasonal swings, the surplus was 6.3 billion euros, up from 4.3 billion in September as exports eased 0.2 percent month-on-month while imports fell 2.2 percent on the month.<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/static.businessinsider.com\/~~\/f?id=4b2e65140000000000219003&amp;maxX=600\" border=\"0\" alt=\"Trade\" width=\"600\" \/><\/p>\n<p>&nbsp;<\/p>\n<p>December&#8217;s dollar rally means the Euro Area&#8217;s trade surplus could keep widening.<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/static.businessinsider.com\/~~\/f?id=4b2e64e400000000005ceb5f\" border=\"0\" alt=\"Trade\" width=\"600\" \/><\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/european-trade-surplus-spikes-to-record-high-2009-12#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/the-euro-breakup-may-be-the-story-of-2010-as-analyst-expects-ireland-and-greece-to-leave-the-union-2009-12\">The Euro Breakup Will Be THE Story Of 2010, As Analyst Expects Ireland And Greece To Leave The Union<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/zennstrom-le-web-2009-12\">Skype&#8217;s Niklas Zennstrom Pitches VC Firm, Bullish On Euro Startups<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/timebomb-for-the-euro-greek-debt-poses-threat-to-the-common-currency-2009-12\">Time Bomb For The Euro: Greek Debt Poses Threat To The Common Currency<\/a><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/ppt05zD6EZ4\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Europe&#8217;s October trade surplus exploded higher in October, hitting $8.3 billion. Note this was even before the Euro really started to crash against the dollar. Still, Europe&#8217;s trade surplus says more about the continent&#8217;s inability to consume imports, rather than a ability to trade right now. Exports fell less than imports, yet both fell. Trading [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-90882","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/90882","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=90882"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/90882\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=90882"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=90882"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=90882"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}