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No surprises from Japan as risks mount
Scott Foster reports that Japan’s economy is coming under increasing pressure from higher energy costs, rising bond yields and weakening markets as the Iran war fuels imported inflation. The expected Takaichi boom is increasingly in danger of turning into a Takaichi bust.
Germany’s infrastructure fund exposes a system in decline
Diego Faßnacht reports that Germany’s €500 billion infrastructure fund has failed to generate significant new investment, instead exposing deeper structural weaknesses in growth, fiscal capacity and administrative efficiency. More debt is being created without the capital formation needed to revive the economy.
Putin under pressure from hardliners for Israeli-style escalation in Ukraine
James Davis reports that while Putin still appears open to a negotiated settlement, Russia’s hardline faction is gaining influence and seeking sharper escalation against Ukraine. The Iran war is strengthening arguments in Moscow that this is a strategic moment for pressure rather than compromise.
