However, let’s assume that an agreement is reached on Friday and that oil and LNG tankers are allowed to exit the Gulf via the Strait of Hormuz. Even if a deal is struck, it will be months, possibly years, before the Gulf arabs return to normal because of the damage to the equipment that pumps and stores oil.
EU politics
BBC – Nicola Sturgeon’s husband Peter Murrell arrested in SNP finance probe
The murky world of SNP finances, where money is collected from the general public on the basis it will be spent specifically on a new independence campaign, and then is allegedly used on routine SNP […]
EU politics
Simon Jenkins: Catalonia’s independence movement is not just a problem for Spain
Simon Jenkins is of the opinion that the political elite of the EU and Spain are making a right mess of dealing with the Catalans and calls for new approach to autonomy within the EU. […]
Economics
Eurostat – EU Recession: Industrial production down by 1.2% in the euro area and by 1.0% in the EU
Among Member States for which data are available, the largest monthly decreases were recorded in Germany (-5.2%), Greece (-4.5%) and Austria (-3.1%). The highest increases were observed in Ireland (+9.8%), Luxembourg (+4.8%) and Sweden (+3.6%). […]
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