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Bank of Japan policy board member Yoichi: Core inflation remains below 2%, but is approaching that level.
2026-09-10
Bank of Japan policy board member Yoichi: Core inflation remains below 2%, but is approaching that level.
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2026-09-09
The UK will ban imports of goods produced in Israeli settlements in the occupied West Bank and create new powers to sanction individuals and firms that "support, assist or profit from" settlement activity. Practical enforcement gaps, however, limit n
The UK will ban imports of goods produced in Israeli settlements in the occupied West Bank and create new powers to sanction individuals and firms that "support, assist or profit from" settlement activity. Practical enforcement gaps, however, limit near-term market impact. UK and Israel have a free trade agreement with bilateral trade of roughly £6 billion a year by 2025; official data show UK imports recorded from Palestine over the past four quarters totaled only about £6 million—equivalent to roughly 0.1% of projected UK‑Israel trade even if all were settling goods. Origin identification is a key problem: settlement products are often incorporated into Israeli supply chains and exported as Israeli goods; one investigation found about one-sixth of Israeli fresh produce bound for Europe contains settlement-origin items. The UK requires importers seeking tariff preferences to declare code Y864 and give an origin postcode, but false declarations are difficult for customs to trace. The sanctions phraseology also leaves open questions for public contracting: an Al Jazeera review found roughly £2.1 billion of UK public-sector contracts awarded to 17 firms linked to settlements, with Motorola Solutions–related entities accounting for more than £1.7 billion, mostly via UK subsidiary Airwave Solutions. The government has not clarified whether designated firms would face contract termination or restructuring.
2026-09-10
Ifo Institute analysis found more than one-third of Germany's 2025 new borrowing under a defense-and-security exemption was used for non-defence purposes. Spending covered by the exemption rose from €54.6bln in 2024 to €72.2bln in 2025 (+€17.6bln), w
Ifo Institute analysis found more than one-third of Germany's 2025 new borrowing under a defense-and-security exemption was used for non-defence purposes. Spending covered by the exemption rose from €54.6bln in 2024 to €72.2bln in 2025 (+€17.6bln), while new borrowing under the clause reached €28.6bln in 2025—implying €11.0bln (38.5%) of that new debt was not converted into additional defense and security spending. Ifo researcher Emilie Hoeslinger said the fiscal space freed in the core budget was redirected to other uses. The government has faced repeated criticism for using reform-created fiscal headroom to support routine spending.
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