UK inflation, May 2024

UK inflation, May 2024

Shoppers on the high street in Kingston, London, UK Bloomberg | Bloomberg | Getty Images Inflation in the United Kingdom fell to the Bank of England’s target of 2.0% in May, the Office for National Statistics said on Wednesday in the latest edition of the key economic indicator before national elections in July. The total…

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Europe Wants to Build a Stronger Defense Industry, but Can’t Decide How

Europe Wants to Build a Stronger Defense Industry, but Can’t Decide How

The recent agreement between France and Germany to jointly develop a new multibillion-dollar battlefield tank was immediately hailed as a “breakthrough” by German Defense Minister Boris Pistorius. “It’s a historic moment,” he said. His enthusiasm was understandable. For seven years, political infighting, industrial rivalries and neglect had centered like molasses around the project to build…

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