News

German Economic Research Institute DIW: Germany's GDP is expected to grow by 1% in 2026 and 1.4% in 2027.

Kremlin: (Regarding the "Storm Shadow" missile attack on Russia's Bryansk Oblast) Special military operations will continue to prevent such "barbaric" attacks.

German Economic Research Institute DIW: German inflation is expected to be 2.4% in 2026 and 2.3% in 2027.

Italian Prime Minister Meloni: We will also pay attention to the emergency state of European defense preparedness, especially the action plan on drones and counter-drone security.

Italian Prime Minister Meloni: Another priority is to support small and medium-sized enterprises within the new European Competitiveness Fund to promote a balanced flow of EU resources across all our regions.

Italian Prime Minister Meloni: We urgently request the suspension of the European Union Emissions Trading System (EU ETS) application regulations for thermal power generation. This request is urgent at least until global fossil energy prices return to pre-Middle East crisis levels.

India's Industry Minister: It is expected that relaxing foreign direct investment regulations will attract investment in joint ventures and domestic manufacturing sectors.

Indian Industry Minister: In order to support the development goals of the manufacturing industry, more industries are expected to enjoy relaxed investment access policies.

Russian Ministry of Defense: Russia shot down two "Storm Shadow" cruise missiles.

Overnight index swaps showed the odds of a Bank of England rate cut this year falling to about 20%, compared with 50% on Tuesday.

Russian Defense Ministry: Troops have occupied Chervona Zoria in Sumy Oblast, Ukraine.

Italian Prime Minister Meloni: Peace negotiations and Ukraine's EU accession process have begun to become two sides of the same coin. However, we believe that any move to accelerate the (NATO) expansion process must involve all candidate countries, starting with those in the Western Balkans, while maintaining the EU's institutional balance and the integrity of the internal market.

Spanish Energy Minister: I hope to launch the first offshore wind power tender in Spain this year.

Italian Prime Minister Meloni: Will pay attention to the 20th round of European sanctions against Russia, which is a necessary step to further reduce funding for the Kremlin's war machine.

British government bonds continued their decline, with short-term British bond yields rising by about 10 basis points and long-term British bond yields rising by 8 to 9 basis points.

Indian industry officials: Inter-agency agencies will strictly review investment proposals with time-bound requirements.

Italian Prime Minister Meloni: We will discuss the Ukrainian issue again in the EU Council next week. Italy's position has never changed and it has always firmly supported Kyiv.

Indian industry officials: India has relaxed policies on investment in countries bordering its land, covering battery components, rare earth magnets and processing links.

ICE data shows that the British natural gas wholesale price increased by 5.5% in recent months to 127.20 pence/kilojoule; the natural gas price in the Dutch wholesale market in recent months increased by 5.1% to 49.80 euros/MWh.

Spanish Energy Minister: We are considering measures to deal with high energy prices, including fiscal measures.