Western Europe
China cyberespionage campaigns are evolving
Microsoft has plugged the vulnerabilities exploited by a Chinese state-linked espionage actor
United StatesEurope will continue to balance relations with China
European powers look set to strengthen diplomatic engagement with China this year
United KingdomEuro-area headline and core inflation will diverge
Consumer price inflation eased to single digits in December on lower energy prices, but core inflation rose to a record
EUPMI surveys indicate further industrial weakness
Today's PMI surveys for Europe suggest further manufacturing weakness ahead
Western EuropeJapan will pursue joint weapons projects with Europe
Japan, the United Kingdom and potentially Italy are exploring the joint development of a new fighter jet
JapanEuroscepticism will remain an acute problem for the EU
Most Eurosceptics have abandoned their objective of leaving the EU and instead vow to change the EU from within
EUCyberactivity in Ukraine signals Russian limits
Russia’s invasion of Ukraine has thus far been characterised by relatively small-scale, unsophisticated cyberattacks
InternationalServices PMIs imply that Omicron is hitting trade
The services PMI dipped in December in the euro-area and India on weaker trade but cost rises are stabilising
International
