Shaun Richards: The ECB interest-rate rise leads to questions about the first cut

New orders in manufacturing: December 2024 (in real terms, provisional): +6.9% on the previous month (seasonally and calendar adjusted) -6.3% on the same month a year earlier (calendar adjusted) Read HERE

Cities say short-term holiday lettings market is contributing to soaring long-term rents. The notoriously neo-liberal European Court is trying to stop cities from regulating companies such as Airbnb. Read here

Three important Turkish moves in the Black Sea have strategic consequences in Russia’s favour: Turkey’s interpretation of the Montreux Convention; its policy on drifting sea mines; and its design of the Black Sea Grain Initiative. […]