Europe
Support for Palestinian statehood will rise in the EU
Spain, Ireland, Slovenia and Malta are planning to recognise Palestinian statehood
EUUpcoming Romania elections will bring controversies
The two governing parties have formed a pact with a view to boosting their chances in forthcoming elections
RomaniaSanctions on Russian metals will disrupt sales
US and UK sanctions on Russian metals introduced last week limit the ability of producers to sell on European markets
RussiaUK election will determine direction of EU relations
The opposition Labour Party has pledged to pursue closer relations with Brussels should it lead the next government
United KingdomGermany will maintain pragmatic policy towards China
Germany’s Chancellor Olaf Scholz is visiting China as EU trade tensions loom large
ChinaUS raises pressure on China over sales to Russia
US officials announced that China has increased its material support to Russia, in defiance of sanctions
RussiaThe EU’s phase-out of Russian gas is not guaranteed
The EU has enough alternatives to phase out Russian gas, but pro-Moscow governments in the east could be an obstacle
EUECB and Fed rate paths will be entwined in 2024-25
The ECB left interest rates on hold but committed to a cut soon, likely June
EU
