The real (price adjusted) stock of orders in manufacturing was down 0.2% in February 2024 month on month after seasonal and calendar adjustment, according to provisional figures of the Federal Statistical Office (Destatis). The calendar adjusted stock of orders was 5.8% lower in February 2024 than in February 2023.
Geopolitics
Scheerpost: US Blocks Yemen-Saudi Peace Deal
New sanctions on the Houthis will make it impossible for the first phase of the Saudi-Houthi peace deal to be implemented. Read HERE Saudi Arabia Armed Forces. Qrmoo3, CC BY-SA 4.0 https://creativecommons.org/licenses/by-sa/4.0, via Wikimedia Commons
EU politics
Harrison Stetler – Emmanuel Macron Takes a Stand: No Tax Increases for the Rich
‘New French prime minister Michel Barnier wants to cut the budget deficit, but the president and his allies are resisting all talk of tax increases. They’re dead set on spending cuts — and to pass […]
EU politics
Politico – Commission unblocks €10.2B for Hungary as EU tries to sway Viktor Orbán on Ukraine
‘The European Commission on Wednesday unblocked €10.2 billion in frozen EU cohesion funds earmarked for Hungary, one day before European leaders are set to discuss new aid to Ukraine and the opening of accession negotiations […]
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