• 11/16/2024

German Consumer Morale to Improve Further

Wall Street Journal Germany’s forward-looking consumer-sentiment index forecast confidence to tick up to minus 24.2 in June, the strongest level since April 2022, according to GfK, as income expectations brightened. https://www.wsj.com/articles/german-consumer-sentiment-to-improve-in-june-on-stronger-wage-expectations-b07f5820

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Coca-Cola HBC Backs Outlook, Upgrades Targets

Wall Street Journal Coca-Cola HBC reiterated its fiscal 2023 guidance and updated its medium-term financial targets for revenue and earnings margin growth, reflecting a positive outlook for its markets. https://www.wsj.com/articles/coca-cola-hbc-raises-medium-term-revenue-growth-target-backs-fy-2023-views-591cfd15

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Official of Ukrainian President’s Office states Ukraine’s counter-offensive already began

Pravda Ukraine Mykhailo Podoliak, Advisor to the Head of the Ukrainian President’s Office, has said that the Ukrainian counter-offensive has been going on for several days now. Source: Podoliak in an interview with Italian TV channel Rai Quote: “The counter-offensive has been going on for several days now, it’s an intensive war along 1,500 kilometres…

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U.S. House committee proposes improving combined military training with Taiwan

Washington, May 24 (CNA) A U.S. House committee on Wednesday recommended expediting weapons sales and improving combined military training with Taiwan as part of a 10-point policy blueprint to deter Chinese military aggression. https://focustaiwan.tw/politics/202305250007

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Russia to continue boosting supplies of oil, petroleum products to India in 2022 — Novak

Disclaimer: TASS is Russian government propaganda, and not a reliable news source. Russian Deputy PM also noted high costs on delivery of products that have appeared as the transport element extended https://tass.com/economy/1622683

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EU envoy calls on Israel to reconsider illegal settlement plans in West Bank

Disclaimer: PressTV is affiliated with the state broadcasting agency of the Islamic Republic of Iran, and is not a reliable news source. An EU envoy has called on Israel to reconsider its plan for the construction of nearly 600 new illegal settler units in the occupied West Bank. https://presstv.ir/Detail/2023/05/25/704061/EU-calls-Israel-reconsider-illegal-settlement-plans-West-Bank

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Germany Enters Recession After GDP Revised Down

Wall Street Journal Germany’s GDP contracted 0.3% in the first quarter, according to a second estimate, as household expenditure was squeezed by high inflation. https://www.wsj.com/articles/germany-entered-recession-after-1q-gdp-estimate-revised-down-78416a05

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Generali Backs Targets After Profits Jump

Wall Street Journal Generali confirmed the targets of its strategic plan for 2024 after it posted increased premiums and sharply higher profits in the first quarter. https://www.wsj.com/articles/generali-confirms-targets-after-1q-earnings-rise-964f0b29

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China urges Israel to stop ‘provocations’ and ‘encroachment’ as Palestinian tensions flare

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Beijing’s envoy to the UN issues strong rebuke of illegal West Bank settlements and right-wing Israeli official’s recent visit to Jerusalem holy site. https://www.scmp.com/news/china/diplomacy/article/3221784/china-urges-israel-stop-provocations-and-encroachment-palestinian-tensions-flare?utm_source=rss_feed

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Hong Kong secondary school student jailed for 5 years and 8 months for plot to bomb city’s infrastructure

Disclaimer: The South China Morning Post’s content is directed by the Chinese Communist Party. It is not a reliable news source. Three other teenagers sentenced to three years’ detention in correctional centre for their relatively minor roles in the conspiracy. https://www.scmp.com/news/hong-kong/law-and-crime/article/3221783/hong-kong-secondary-school-student-jailed-5-years-and-8-months-plot-bomb-citys-infrastructure?utm_source=rss_feed

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