Sentiment among German companies has deteriorated further at the beginning of the year. The ifo Business Climate Index fell to 85.2 points in January, down from 86.3 points in December. Companies assessed their current situation as worse. Their expectations for the months ahead were also once again more pessimistic. The German economy is stuck in recession.
Geopolitics
Kyiv Independent – Behind Ukraine’s manpower crisis lies a bleak new battlefield reality for infantry
Why Ukraine is losing the war. Read Article HERE Photo Ministry of Defence of Ukraine, www.mil.gov.ua
Geopolitics
The Cradle: Iran reaffirms NPT commitment after halting IAEA cooperation
Iran says it remains committed to international agreements but will now coordinate nuclear oversight through its Security Council after Israeli and US strikes on its facilities Read Article HERE
EU politics
Politico – Germany may hold election sooner than planned, Scholz says
Germany’s Chancellor has lost all authority. He could be gone by Christmas. Read the article HERE.
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