Europe
Raising UK incomes is a priority but is challenging
UK real income growth has been very modest since 2010, compared to both past decades and other major economies
United KingdomAustria’s far right remains on course for election win
The far-right Freedom Party holds a strong lead in the polls ahead of EU and national elections
AustriaChina-Germany ties will be impacted by trade clashes
The German chancellor has visited China ahead of potential EU tariffs on Chinese goods and Chinese retaliation
ChinaKyiv will be allowed to hit Russia with NATO weapons
Leaders of crucial NATO countries are close to agreeing to the use of NATO-supplied weapons on Russian territory
UkraineGermany’s inflation will remain sticky
Germany’s annual inflation figure increased in May, underscoring the impact of price pressures in services sectors
GermanyHungary’s foreign policy will cause tensions in EU
The Hungarian foreign minister has called for deeper relations with Belarus
HungaryClimate adaptation risks being dangerously underfunded
The OECD report ‘Climate Finance and the USD100bn goal’ gives new detail on climate funding to developing economies
InternationalWorkforce underuse fuels political instability
The International Labour Organization has reduced its forecast for global unemployment but highlights workforce underuse
International
