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Economic growth across the European Bank for Reconstruction and Development's regions is expected to slow more sharply than previously forecast this year, largely due to higher inflation linked to the Iran war, which has pushed up energy prices. Inflation across the bank's regions rose to 6.4%. The European Bank for Reconstruction and Development (EBRD), which invests across emerging economies spanning central and eastern Europe, Central Asia, the Middle East and North Africa, has lowered...
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Pentagon likely to cancel missile sale to Germany over fears of Russia
The Pentagon is expected to cancel a plan to send Tomahawk missiles to Germany partly because officials are concerned Russia will view it as an escalation, a startling reversal of a long-planned agreement with one of America’s biggest allies. U.S. officials fear Moscow will retaliate if the Trump administration follows through on the effort to deploy precision missiles in the middle of the continent, according to two European officials and one American official. But any decision not to...
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Europe’s innovation gap with US and China in focus at Panathēnea 2026
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