IMF’s ‘Groundhog Day’ thinking means it is still too upbeat about global growth
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
National Politics
Politico: Pope says NATO may have caused Russia’s invasion of Ukraine
Francis says transatlantic military alliance was ‘barking’ at Russia’s door. Read Here
Geopolitics
Turkish Minute: A year into Israel’s war on Gaza, Turkey toughens rhetoric while continuing to trade with Tel Aviv
As Israel’s war on Gaza continues into its second year, Turkey has intensified its public condemnation, with President Recep Tayyip Erdoğan accusing Israeli Prime Minister Benjamin Netanyahu’s government of committing genocide, while reports show that […]
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