Americans Want Peace, Israel Wants War

Kering And Hermès Sink As War Batters Earnings; Goldman Warns Luxury Dip-Buying Is "Premature" Goldman's Natasha de la Grense summed it up well this morning: "Money was waiting on the sidelines to buy luxury for a de-escalation play – that feels premature with three misses in three days."  Disappointments from Kering and Hermès, both of which fell short of analyst estimates, reinforced the view that the industry of fine wine, overpriced shirts, shoes, belts, and designer bags, is not yet out of the woods and sent the Goldman Sachs EU Luxury...

European economists regard Spain’s former central bank governor Pablo Hernández de Cos and his Dutch counterpart Klaas Knot as top picks to become the next ECB president.

AfD Co-Leader Demands Ukraine Pay Reparations To Germany Authored by Andrew Korybko, Europeans and especially Germans have borne enormous costs to perpetuate the Ukrainian Conflict while receiving absolutely nothing of tangible benefit in return. AfD co-leader Alice Weidel responded to Chancellor Friedrich Merz’s proposal to grant Ukraine associate membership in the EU, which was analyzed here and here, by declaring that “We need to know how this state-terrorist act against the most important infrastructure we had, namely the Nord Stream pipelines, came about and what role Ukraine played in it. The flow of payments should actually be moving...