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EUR/USD: Is Germany in Service Sector Stagflation?

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Summary: German PMI services plunge from 52.3 to 47.3, while manufacturing PMI improves slightly from 38.8 to 39.1. Economists warn about the possibility of stagflation in Germany 's services sector, requiring ECB to consider rate hikes. Eurodollar chart shows Euro weakening against the US dollar, with implications tied to the upcoming Jackson Hole symposium . Germany 's position as the Eurozone's largest economy intensifies the impact of these economic developments. ...

Pro-Ukrainian group 'responsible for Nord Stream pipeline attacks'

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Pro-Ukrainian group 'responsible for Nord Stream pipeline attacks' It was the moment the war in Ukraine spread beyond its borders, undersea sabotage on pipelines in the Baltic. The attacks on Nord Stream were blamed by the West at the time in September on Russia. Now Western intelligence is accusing a freelance group of Ukrainians with links to the government in Kiev. Its officials are denying involvement, instead accusing Russia of being responsible. The pipelines were built to carry gas from Russia to Europe via Germany. Leaks were reported on the Nord Stream 2 pipeline first, then a day later more were discovered on Nord Stream 1. Now more than four months later, German intelligence reportedly claims a wealthy Ukrainian, hardy yachts, explosives and divers to launch the attacks. Germany's defence minister was drawing the dots to Kiev, while urging against jumping to c...

Ukraine War: Zelenskyy says Ukraine will not attack Russia

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Ukraine War: Zelenskyy says Ukraine will not attack Russia It was a highly anticipated visit and Berlin pulled out all the stops. Warmly welcoming, arguably the world's most in-demand president for the first time since Russia invaded his country. There were no signs of the tension which have at times fizzled between Germany and Ukraine over the last year. A man on a mission to get more weapons. Zelensky could hardly complain about almost 3 billion euros of new military aid and a promise of more to come. We are also very clear on our message to Ukraine, but at least also to the Russian aggressor. We will support Ukraine as long as it is necessary. That is to say, we hope that the war will end quickly. Also because military support, support with weapons, will enable Ukraine to defend its country. An ally which previously angered Kiev with its hesitancy to send arms, Germany is now...

Rangers Defeat Hamburg in Friendly Match as Pre-Season Progresses

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Summary: Rangers secured a victory against Hamburg in a friendly match during their pre-season preparations. Sam Lammers reflected on his performance and acknowledged the need for improvement as the team builds chemistry with new players. The training camp in Germany played a crucial role in helping the squad bond and prepare for the upcoming season. Lammers expressed excitement about the team's potential, emphasizing the importance of translating it into on-field success. ...

Zelenskyy Tours Europe as Ukraine Prepares Counteroffensive Against Russia

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Zelenskyy Tours Europe as Ukraine Prepares Counteroffensive Against Russia Denied the opportunity to address Eurovision on Saturday, Vladimir Zelensky has nevertheless been granted audiences with some of Europe's most powerful leaders in the last few days. A warm embrace between the Ukrainian President and Prime Minister Rishi Sunak on Monday morning at Chekars. British admiration meeting with Ukrainian gratitude. Winston Churchill made many of his famous speeches in World War Two from this room. And in the same way today, your leadership, your country's bravery and fortitude are an inspiration to us all. You did a lot. Your government and His Majesty, the King and of course your people, your society where we're a temple from all our hearts from Ukrainians. The UK will provide Ukraine with air defence missiles and attack drums, in addition to the storm shadow long range ...

Should EU nationals be able to vote in Britain? | Nigel Farage clashes with Sir Vince Cable

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Should EU nationals be able to vote in Britain? | Nigel Farage clashes with Sir Vince Cable And joined by Sir Vince Cable, former leader of that party. Vince, for decades your party has argued for proportionality in our voting system, and it's something that I agree with entirely. Where do you stand on the idea that 16-year-olds should be able to vote? Yeah, of course they should vote. Really? I'm not strongly in favour of it. We've argued it for many years, got nothing to do with tactical calculations about how many of them would vote for us. I think what we discovered in Scotland, actually, that their voting patterns weren't greatly different from older people. But the reason why it's right, I mean, it's not merely that, you know, we want young people to be politically engaged, but that when we're becoming older as a society, there's a much heavier we...

Greuther Fürth 4-4 Liverpool: Diaz, Nunez & Salah Shine in Thrilling Germany Friendly

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Summary: Greuther Fürth and Liverpool played out a thrilling 4-4 draw in a friendly match. Lewis Diaz scored a remarkable goal, while Darwin Nunez and Mohamed Salah shined for Liverpool. The match was filled with moments of exceptional skill and excitement. Liverpool's young talent, Sieb, impressed with his high-quality finish. Despite the draw, football enthusiasts were treated to an unforgettable spectacle. A friendly match between Greuther Fürth and Liverpool ended in ...

Renters More Vulnerable to Interest Rate Rises than Mortgage Holders, New Data Analysis Reveals

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Summary: New data analysis by Sky News reveals that renters are more vulnerable to interest rate rises than mortgage holders in the UK. Renters now represent the largest home occupancy group at 37 per cent, while mortgage holders account for only 30 per cent. The cost of buying homes has made renting more attractive, leading to a significant increase in the number of renters. Renters spend about 33 per cent of their income on housing costs, making them more susceptible to increasing expenses compared to homeowners. Legislation and protection for renters have not kept pace with the shift in home occupancy, leaving renters exposed to...

Migrant crossings: 'Can you stop the small boats?'

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Migrant crossings: 'Can you stop the small boats?' Are you going to be able to stop the small boats? Well, that's our objective. We couldn't have been clearer in putting it as one of the five central promises of this government to stop the boats, secure our borders and bring fairness back to our asylum system. We're going to do everything in our power to achieve that, and ultimately, it will be for the public to decide at the next general election whether we've succeeded or not. But be in no doubt that the Prime Minister of the Home Section and I will do everything we can to achieve that goal. I'm just interested in listening to some of the language you're using there. It's your objective. You're going to do everything you can to achieve it, not saying, yeah, we are going to stop the small boats. We are going to stop the small boats, and we wi...

This is Eurovision 2023 calling... | The Leader Podcast

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This is Eurovision 2023 calling... | The Leader Podcast ES Audio From the Evening Standard in London, I'm Rachelle Travers and this is The Leader. Eurovision 2023. Are you ready? For the first time in 25 years, the competition is back on UK soil, as we play hosts for last year's winner, Ukraine. The party atmosphere is already well underway in Liverpool, who beat out a number of other cities hoping to be the stage for the big event. Last time, Sam Ryder did the UK proud with his song, Spaceman. But this year is the turn of Mae Muller. We'll be hoping to win the competition, or at least a respectable finish, with her entry, I wrote a song. Here with me to discuss all things Eurovision and everything you need to know about the competition this year are… I'm Professor Helen Julie Miners, Head of School of Arts at York St John University. I do various things. I'm a t...