This may be the UK, but it sounds like a number of other nations in Europe. The three lead candidates at the previous German election Scholz, Laschet, and Baerbock would all be right in there among the Tory prime minister candidates.
EU politics
Politico – Ursula von der Leyen announces bid for 2nd term
‘Frau Genocide,’ as Clare Daly MEP aptly dubbed her, is surely going to be European Commission president for another five years, bringing shame on all of Europe. Read the article HERE.
Economics
Reuters: China’s economy cools sharply in April as lockdowns bite
April industrial output -2.9% y/y vs f’cast +0.4% April retail sales -11.1% y/y vs f’cast -6.1% Nationwide jobless rate highest since Feb 2020 Jan-April fixed asset investment +6.8% y/y, vs f’cast +7.0% Read Here
Energy
Montel News: French heatwave warning as EDF to shut 2.6 GW of capacity
This is just another drawback with regard to expensive, dangerous nuclear energy. This is no better than a cloudy or windstill day, but this fact is never mentioned. Read here
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