German business climate index continues downward trend

WNM | May 23, 2019 at 1:59 PM

The mood among German corporate leaders continued to weaken as the Institute for Economic Research (Ifo) business climate index fell from 99.2 to 97.9 points in May, the German institute revealed on Thursday.

Sanctions against Nord Stream 2 coming soon, U.S. Energy secretary says

WNM | May 21, 2019 at 2:01 PM

MOSCOW (Reuters) – The Kremlin said on Tuesday that U.S. sanctions on Russia’s Nord Stream 2 pipeline to Germany would be an act of unfair competition that would be seen as unacceptable in Moscow and some European capitals.  U.S. Energy Secretary Rick Perry said earlier on Tuesday in Kiev that a sanctions bill putting onerous […]