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Is Europe Sliding Towards Stagflation?
Is Europe Sliding Towards Stagflation?
Authored by Daniel Lacalle,
Europe is not yet in recession, but the latest business and consumer surveys show that the risk is no longer remote.
The euro area’s flash composite PMI fell to 48.6 in April from 50.7 in March, moving below the 50 threshold that separates expansion from contraction and signalling a quarterly GDP decline of around 0.1 per cent after a 0.2 per cent gain in the first quarter, according to S&P Global Market Intelligence.
At the same time, the European Commission’s flash consumer-confidence indicator dropped to -20.6 in the...
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Jul 26, 2026 / Tyler Durden
Machete-Wielding Islamic Terrorist Killed By Cops After Deadly Berlin Pride Attack
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Update (1400ET): The machete-wielding Islamic extremist who drove into a crowd at Berlin’s Pride festival has been shot dead by police.
Abdul Ballout, 21, crashed into partygoers near the Christopher Street Day Parade on Saturday night, killing one person and wounding 29 others.
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White House Expected To Ask Congress for Extra $50 Billion for Iran War
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Apr 15, 2026 / Tyler Durden
Build It, And They Will Come? Not The Case At Baltimore's Harbor East Luxury Tower
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The Four Seasons Private Residences in Harbor East, situated in crime-ridden Baltimore City and serving as a flagship luxury development project tied to the Inner Harbor's waterfront revitalization, was originally envisioned as an ultra-luxury tower designed to attract the rich and powerful. The premise for building the tower, which opened in 2017, was very simple: build it, and they will come.
The Paterakis family, one of the most prominent business and real estate families in the...
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