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What’s the most common non-English main language in your London borough? HT @mapsporn

India willing to let fiscal deficit widen to 4.8% of GDP, Bloomberg News reports reut.rs/4xpDW5U

10h

Simon Kuestenmacher

Reuters

Who better to talk industrial policy at the OECD Ministerial Council Meeting than Santa Claus? Finnish PM Petteri Orpo introduced our ultimate ambassador as Finland's most famous spokesperson for manufacturing and "someone who delivers." 📦✨ @vaaranpa.um.fi @oecd-ocde.bsky.social @um.fi @vm.fi

10h

Highly relevant! "Geopolitical Barriers to Globalization" by Tianyu Fan, Mai Wo, and Wei Xiang. "From 1995 to 2021, tariff cuts added 9.5 percentage points to trade growth, while geopolitical deterioration subtracted 6.8..." www.tianyu-fan.com/files/FWX_Ge...

German GDP to grow 0.5% in 2026 and 0.8% in 2027, says @bundesbank.de 🇩🇪

🚨 Big news: The 27 EU countries have unanimously agreed to open the first cluster of accession negotiations, known as "Fundamentals", with Ukraine and Moldova. There's no veto that can stop this. The ceremony will take place on Monday. Full story.

Hourly Twin Peaks

Finland's Permanent Delegation to the OECD and UNESCO

International and Monetary Economics Network

Jorge Liboreiro

"China’s direct investments in Europe last year rose by 67 % to 16.8 billion €. Following seven consecutive years of decline, investments have increased over the past two years, but at levels well below the peak years of 2016–2017, when China invested more than 40 billion € annually in Europe"

Iikka Korhonen

"..in 2024, large Chinese firms received industrial subsidies averaging 3.1 % of their sales revenue. In comparison, industrial subsidies in Europe amounted to around 0.5 % of sales revenue and in North America to 1.2 % of sales revenue."

🇫🇮🇺🇦

Iikka Korhonen

reut.rs

India is preparing for a wider-than-expected budget deficit this year, Bloomberg News reported on Friday, citing an official familiar with the ‌matter, as the war in Iran raises fuel subsidy costs and pressures government finances.

India willing to let fiscal deficit widen to 4.8% of GDP, Bloomberg News reports

Friday's agreement allows Ukraine and Moldova to formally open the first cluster of accession negotiations, known as "Fundamentals". #EuropeNews

EU countries reach deal to unblock accession talks with Ukraine

www.euronews.com

#Deutschland-Prognose: Die Folgen des #Krieges im Nahen Osten bremsen die Konjunkturerholung vorerst aus. Bundesbankpräsident Joachim Nagel ist dennoch zuversichtlich: „In unserem Prognosezeitraum bis 2028 gewinnt die #Konjunktur wieder an Fahrt.“ Bundesbank.de/content/964728

10h

BOFIT Weekly Review 24/2026 OECD reports Chinese firms enjoy far more industrial subsidies firms in than other countries Read more 🔗 www.bofit.fi/en/monitorin... #China #economy #BOFITWeeklyReview

11h

BOFIT Policy Brief 6/2026 by Sinikka Parviainen and Maksym Samoiliuk: EU–Ukraine economic integration: The Finnish stress test Read more 🔗 urn.fi/URN:NBN:fi-f... #Ukraine #EU #trade #reconstruction

11h

BOFIT Weekly Review 24/2026 China’s direct investments in Europe rose significantly last year Read more 🔗 www.bofit.fi/en/monitorin... #China #economy #BOFITWeeklyReview

Deutsche Bundesbank

BOFIT