The EU should hit 14.7 million in car sales this year, a 7.1% increase over 2015, Italian research institute Centro Studi Promotor said Thursday after the release of the November figures. That would be the best year for the region since 2007 when consumers bought 15.5 million new cars. Source: WSJ
Poland’s industrial sector maintained a decent rate of activity in March, despite a slowdown in Germany and the eurozone. Still, GDP in the first quarter should moderate due to weaker contributions from construction and transportation. Source: ING Think
Amazon.com Inc said it will shut its China online store by July 18, as the U.S. e-commerce giant focuses on the lucrative businesses of selling overseas goods and cloud services in the world’s most populous nation. Source: Reuters
Gefira tracks the global players in Europe, the USA, Russia and China and anticipates the consequences of their policies
Gefira No. 9 is now available at a discount. 160 euros for 10 issues a year plus access to our archives.
Europe's geopolitical situation resembles that of 1913.
The enlargement of the European Union to the east, Germany's Ostpolitik, economic power and its reluctance to align its policy with France's and Italy's make the break-up of the Union unavoidable. While Germany is gaining a status of a financial superstar, German society is starting to disintegrate.
Nobody dares to ask, but the ECB board is bracing itself for the upcoming break-up of the euro. The Gefira team explains why France or Italy will leave the euro and we investigate how the ECB is preparing for the looming euro collapse.
