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RUB: Sanctions threat returns – Commerzbank
The likelihood of new, harsh sanctions on Russia is rising again: western leaders are abandoning hopes of meaningful diplomacy and reverting back to economic pressure, which had been the consensus strategy until US President Donald Trump took over.Fxstreet
Thu, Jul 10
Greek industrial output drops 2.0% y/y in May
July 10 (Reuters) - Greek industrial output declined by 2.0% year-on-year in May, after a revised 4.2% drop in April, data from statistics service ELSTAT showed on Thursday.A breakdown of index components showed manufacturing production fell 1.4% from the same month in 2024. Electricity output was d...Reuters
Thu, Jul 10
Descartes confirms new credit and political risk offering
By Henry GaleJuly 10 - (The Insurer) - Parametric insurance specialist Descartes Underwriting has confirmed its entry into the credit and political risk insurance market, describing it as a "major diversification" for its full-stack insurer.The new product covers political risks affecting fo...Reuters
Thu, Jul 10
EC President von der Leyen: Working non-stop to find an initial agreement with the US
European Commission President Ursula von der Leyen said on Thursday, “we are working non-stop to find an initial agreement with the US to keep tariffs as low as possible and to provide the stability that businesses need."Fxstreet
Thu, Jul 10
RPT-Car import quotas, export credits on table for EU-US trade talks, sources say
EU seeking US trade deal ahead of August 1 deadlineUS-EU talks moving fast, officials and industry sources sayEasing of US car tariffs essential for a deal, EU diplomat saysUS imposed 25% import tariff on cars in AprilBy Christoph Steitz, Julia Payne and David Lawder FRANKFURT/BRUSSELS/WASHINGTON...Reuters
Thu, Jul 10
Philippines concerned over higher U.S. tariffs, will continue to negotiate, minister says
MANILA, July 10 (Reuters) - The Philippines is concerned about the United States' decision to impose 20% tariffs on Philippine exports but will continue to negotiate, its economic affairs minister said on Thursday.Reuters
Thu, Jul 10
German inflation confirmed at 2.0% in June
BERLIN, July 10 (Reuters) - German inflation eased to 2.0% in June, the federal statistics office said on Thursday, confirming preliminary data.German consumer prices, harmonised to compare with other European Union countries, had risen by 2.1% year-on-year in May.Reuters
Thu, Jul 10
Singapore trade minister to discuss pharma tariff concessions during US trip in July
By Jun Yuan Yong SINGAPORE, July 10 (Reuters) - Singapore trade minister Gan Kim Yong will visit the United States later this month to discuss tariff concessions for the country's pharmaceutical exports, he said on Thursday, part of efforts to limit the economic impact of the trade war. Sin...Reuters
Thu, Jul 10
