In Europe, a third oil refinery processing Russian crude has caught fire in the past two days. According to CZNewz.Info, the blaze broke out at the Bratislava refinery, owned by the Hungarian MOL Group, which processes crude supplied via the Druzhba pipeline.
Economics
Sony Kapoor: This isn’t Europe’s ‘Hamilton’ moment
The Franco-German plan for a €500 billion “recovery fund” has been welcomed with superlatives such as “Hamiltonian,” “stunning,” “a game changer” and the somewhat slightly less hagiographic “surprisingly ambitious.” In actual fact, it is just […]
Economics
DeStatis – German Recession: German exports in first half of 2025: -0.1% on the same period a year earlier
Imports up 4.4% in the same period Export surplus of 104.0 billion euros in first half of 2025 Exports to United States down 3.9%, imports from China up 10.7% With a value of 786.0 billion […]
Climate Crisis
Reuters: Four of world’s five largest vehicle makers fail to back COP26 emissions agreement
Germany, Volkswagen, BMW refuse to sign up. Read here
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