
Ifo Institute Warns of German Recession Risk Amid US-EU Auto Tariff Escalation
The ifo Institute warns that US auto tariffs could trigger a German recession by 2026 if the EU responds with retaliatory duties, escalating transatlantic trade tensions.

The ifo Institute warns that US auto tariffs could trigger a German recession by 2026 if the EU responds with retaliatory duties, escalating transatlantic trade tensions.

The US Pentagon orders a withdrawal of 5,000 troops from Germany within a year, reflecting strategic military adjustments and signaling shifts in transatlantic defense relations.

Russian drone attacks on Ukraine’s energy and port infrastructure are intensifying, posing significant risks to regional stability and global economic supply chains.

US delays arms deliveries to Europe to replenish stockpiles amid Iran conflict, while approving $8.6 billion in arms sales to Middle Eastern allies, signaling shifts in global security priorities.

The EU-Mercosur free trade agreement begins provisional application, promising significant market expansion and industry growth amid legal and environmental challenges.

Italy and Germany call for adherence to international law following Israel’s halt of a humanitarian flotilla to Gaza, emphasizing the need for responsible actions amid complex geopolitical tensions.

Oxfam highlights rising income inequality in Germany as CEO pay surges by 56% since 2019, while average worker wages remain below pre-pandemic levels, posing risks to social and economic stability.

Uzbekistan's Central Bank keeps the key rate at 14% amid ongoing food inflation and external risks, balancing growth and price stability concerns.

Uzbekistan's suspension of gold exports for over six months has resulted in a nearly 30% drop in exports, impacting trade balances and economic policy amid shifting regional partnerships.

Major Uzbek payment companies report varied profit increases in Q1 2026, with Paynet’s surge driven by a significant one-time dividend inflow.

Uzbekistan faces rising urban divorce rates and declining birth rates, signaling demographic challenges that may impact its economic growth and policy landscape.

The UK expelled a Russian diplomat following Moscow's removal of a British diplomat accused of espionage, highlighting rising geopolitical tensions with potential global economic impacts.