EU
Services PMIs support interest rate cut delays
In April the services PMIs kept expanding worldwide while the US payrolls slowed modestly
InternationalUS/EU economic performance and policies will diverge
US interest-rate expectations have moved from several cuts to perhaps even none, while an ECB cut remains likely in June
InternationalEU’s China probe could isolate Germany
The EU has suggested it could impose provisional tariffs or quotas on Chinese electric vehicle firms
EUEU Lebanon aid may fulfil neither purported purpose
The EU has offered Lebanon USD1bn -- apparently in aid, but mostly targeted to curb migration
LebanonRussia will exploit tension but will not encourage war
Iran's missile and drone strikes on Israel on April 14 complicated Moscow's delicate balancing act in the Middle East
RussiaViolence likely to intensify in Georgia over new law
Protests against the government’s ‘foreign agents’ bill have been met with increasing violence
GeorgiaEuro-area manufacturing malaise shows no improvement
The euro-area manufacturing PMI is firmly entrenched in recession, led by the north
EUSlovakia risks confrontation with EU
The draft ‘foreign agent’ bill creates another point of contention between Bratislava and the European Commission
Slovakia
