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80 years ago today, newspapers in Europe carried news of the unexpected death of a very important man, in a hotel miles from the nearest city.
A man who, said some, was helping the Allies win the war.
But there was a twist to the tale. The man in question wasn't actually dead
European manufacturing is turning up. Countries like Germany and Austria (top left) have positive orders - inventories in the manufacturing PMIs for the first time in 2 years. The laggards are France (top right), Italy (bottom left) and Poland (bottom right)...
Forward-looking orders - inventories (blue) for Germany (lhs) and Austria (rhs) went positive in June 2024 after spending the last 2 years - ever since Russia invaded Ukraine - in negative territory. There can't be any meaningful recovery until Russia is kicked out of Ukraine...
https://x.com/nathanaei_wolff/status/1812230034364440910?s=46
X (formerly Twitter)
Nathanael Wolff (@NathanaeI_Wolff) on X
Anyone who claims that #China could negotiate between #Ukraine and #Russia is lying. #Xi is #Putin's biggest supporter. Without China, Ukraine would have already won the war. Those who want to deter China so that it doesn't attack #Taiwan must enable Ukraine…
https://x.com/hannolustig/status/1812153972209144293?s=46
X (formerly Twitter)
Hanno Lustig (@HannoLustig) on X
Breton working hard to make Brits feel better about Brexit.
Michigan
If you import a lot of energy from Russia and are always trying to negotiate a cheap deal because you don't have much hard currency, Putin has a lot of leverage over you. Turkey is the top of that list. The value of imports has doubled in recent years from pre-invasion levels...
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Last updated 1 week, 5 days ago
Turn your endless taps into a financial tool.
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Last updated 1 week, 1 day ago
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