
Berlin defence funding shift triggers huge bets on growth
The Financial Times reports that investors are betting on a “big boost” to Germany’s “ailing economy” as a result of a “historic” deal to fund military and infrastructure development. Analysts believe the plan could boost economic growth to as much as 2% next year, the paper says.
China’s Xi has set out ambitious growth targets for the country despite trade tensions with the US hurting China’s economy.
US has stopped sharing intelligence with Ukraine, stopping Kyiv from being able to hit back at Russia.