French and German banks have more than $400 billion at stake and would lose big if the country left the currency union.
Read here
Geopolitics
The Cradle: Yemen reimposes Red Sea blockade on Israeli shipping as Gaza truce deal falters
Israel cut off the flow of humanitarian aid to Gaza and has halted electricity while threatening to resume its war on the strip Read HERE
EU politics
Left Foot Forward: Excessive and bullying police tactics show how the fracking debate is being lost in the UK
Fracking in Britain is an issue that has caused a great deal of protest at the local Level – and massive police repression. See our in depth article on the topic here Read here
Economics
DeStatis – Germany: Manufacturing in June 2023, stock of orders -3.1% year on year
The calendar adjusted stock of orders was 3.1% lower in June 2023 than in June 2022. Not mercantilism on steroids. Read HERE
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