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French FinMin "Vigilant" After Economy Unexpectedly Contracts In Q1
French FinMin "Vigilant" After Economy Unexpectedly Contracts In Q1
“We remain vigilant, without giving in to being alarmist,” said French Finance Minister Roland Lescure on social media after the Gallic nation saw its economy unexpectedly shrink at the start of the year.
French gross domestic product fell 0.1% in the three months through March, the first quarterly contraction since the COVID pandemic, raising concerns over its resilience to the fallout from the Iran war.
Statistics office INSEE had initially reported zero growth for the quarter, but a sharper decline in consumer spending than expected...
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Sep 25, 2026 / Tyler Durden
Merz Govt May Use Radical 'Federal Coercion' If AfD Party Controls Germany's Saxony-Anhalt Region
Merz Govt May Use Radical 'Federal Coercion' If AfD Party Controls Germany's Saxony-Anhalt Region
Via Remix News,
The anti-immigration Alternative for Germany (AfD) won the Saxony-Anhalt state election by a wide margin but fell short of an absolute majority. Nevertheless, the party may still come to power if it can garner enough support from BSW or peel off a few MPs from rival parties.
This possibility has thrust an unused and radical clause of the German constitution, federal coercion or "Bundeszwang," to the center of a fight over how far Berlin can...
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Apr 28, 2026 / Kyle Anzalone
White House Tasks Intel Community With Assessing How Iran Would Respond to US Ending War Without a Deal
The White House has asked the intelligence community to assess how Iran would respond to the US declaring victory and ending the conflict. According to multiple sources speaking with Reuters, senior Trump administration officials requested the intelligence community develop the assessment. The request could signal that President Donald Trump may be seeking an off-ramp to […]
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Aug 26, 2026 / Tyler Durden
Fed's Favorite Inflation Indicator Ticks Up In July As Americans Suddenly Start Saving More
Fed's Favorite Inflation Indicator Ticks Up In July As Americans Suddenly Start Saving More
Following the CPI and PPI internals, this morning's PCE data should not offer too many surprises with expectations for the headline price Index to rise just 0.1% MoM in July (after deflating for the first time since COVID in June).
The (old) Fed's favorite inflation indicator - Core PCE (a measure of price changes in consumer goods and services that excludes volatile food and energy costs) - printed in line with expectations (+0.2% MoM and +3.3% YoY),...
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