Striking report from Kiel Institute showing the scale of the challenge for European rearmament:
- Russian production of key weapon systems now exceeds the levels of material losses in Ukraine.
- Currently Russia can replicate size of the Bundeswehr in 6-12 months.
www.ifw-kiel.de/fileadmin/Da...

Surprising graph from IEA World Energy Employment 2024: more fossil fuel jobs than clean energy jobs added in Europe in 2023. When will inflection point be reached? What are the implications for EU's green agenda?

Underappreciated chapter in Commission Autumn Forecast on the cost of uncertainty. Sensitivity of consumption and investment to uncertainty has increased compared to the pre-pandemic period. Political uncertainty in France & Germany will have significant effect on investment down the line.

Good overview of additional public financing needs for Germany from @dezernatzukunft.bsky.social. Total estimate of 782 billion until 2030. Calls into question both Schuldenbremse & revised Stability- and Growthpact. "Dieses Entweder - Oder ist Gift" in the words of Scholz. Ball now in CDU's court.