Europe
Services PMIs support interest rate cut delays
In April the services PMIs kept expanding worldwide while the US payrolls slowed modestly
InternationalLondon will face pressure to harden its China stance
London believes China is responsible for several cyber attacks and espionage incidents in recent months
United KingdomGermany’s CDU will aim to solidify right-wing vote
The opposition CDU will use its new policy strategy to shift to the right on several policy issues
GermanyEU’s China probe could isolate Germany
The EU has suggested it could impose provisional tariffs or quotas on Chinese electric vehicle firms
EUGlobal food prices may never fall back to 2018 levels
The world food price index rose for a second month in April, led by oils, chicken and beef
InternationalGlobal growth forecast upgrades mask underlying risks
The OECD has upgraded its forecasts for 2024 and 2025 across most of the world
InternationalEU Lebanon aid may fulfil neither purported purpose
The EU has offered Lebanon USD1bn -- apparently in aid, but mostly targeted to curb migration
LebanonPoland will enhance its defence capabilities
Warsaw continues its efforts to guard against a perceived threat from Russia
Poland
