Europe
Decarbonising steel will be a long-term challenge
Steel output accounts for 7% of global carbon emissions and decarbonised steel production capacity remains minimal
InternationalEU DMA will test tech firms on compliance
The EU's Digital Markets Act (DMA) obliges the world's dominant tech firms to be compliant by March 7
EUSolid services activity may drive wage inflation
The services PMIs improved across Europe, keeping wage inflation a risk, while the manufacturing downturn stabilised
InternationalManaging AI risks is a core priority for China
China is developing a framework that enables artificial intelligence (AI) innovation but regulates its applications
ChinaAudio leak will complicate German missile decision
Last week Russian media leaked an audio of German officials discussing potentially sending Taurus missiles to Ukraine
GermanyBosnia’s unresolved divisions will impede joining EU
This background brief explains how mutual animosities from the 1992-95 war still frustrate any sense of common purpose
Bosnia-HercegovinaDoubts remain about Hungary’s economy despite EU funds
Lack of business confidence lies behind a series of poor economic data especially a five-quarter decline in investment
HungaryEuro-area deep industrial downturn is lowering CPI
Euro-area consumer price inflation slowed to 2.6% in February while the manufacturing PMI remains deep in contraction
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