Australia Declares Fourth Offshore Wind Zone as It Pushes Renewable Energy
The Australian government continues to push forward with its efforts to jumpstart the offshore wind energy sector. They declared the…
India: Crude import bill up 21.4% in April-May
India’s crude oil imports in the first two months of the current fiscal increased by almost 6% to 43.1 million…
Italy May harmonised CPI confirmed at +0.8% y/y
Italian EU-harmonised consumer prices (HICP) rose 0.2% month-on-month in May and were also up 0.8% from the year earlier, official…
India and US to address barriers to trade and cooperation
India and the United States on Monday committed to action to address barriers to bilateral strategic trade, technology and industrial…
Russian-Uzbek billionaire Usmanov sues UBS in Germany, lawyer says
Russian-Uzbek billionaire Alisher Usmanov has filed a lawsuit against the bank UBS Europe SE in Frankfurt over what his lawyers…
China’s sluggish May economic data to increase calls for rate cuts
Rates still on hold but likelihood of cuts are rising The People’s Bank of China kept the one-year medium-term lending…
Japan core machinery orders down in April but seen firming up ahead
Japan’s core machinery orders fell in April for the first time in three months, government data showed on Monday, due…
UK industry wants better strategy and EU ties from next government, Make UK says
Britain’s manufacturers want the next government to deliver a formalindustrial strategy and forge closer trade ties with the European Union,…
Greece’s Jan-May primary budget surplus beats target
Greece reported a higher-than-targeted primary budget surplus of 3.15 billion euros ($3.37 billion) for the January-May period on higher tax…
The Group of Seven is bruised but much needed
The Group of Seven is the “steering committee of the free world”. Or so said U.S. National Security Advisor Jake…