Watch out for the trap! CURIA judgement warns of costly mistakes in trade – Stainless Espresso

Dec 5, 2023 | Stainless Espresso

5 December 2023 – Harsh ruling by the Court of Justice of The European Union: Blind trust can be expensive. A European company that was the victim of fraud with false indications of origin must still pay a fine. And Indonesia files another WTO complaint against...

US Economy: Chicago PMI Makes Huge Jump! – Stainless Espresso

Dec 4, 2023 | Stainless Espresso

December 4, 2023 – The Chicago Purchasing Managers’ Index (PMI) makes a tremendous leap in November, and the US economy scores points in other areas as well. Moreover, the WTO teaches the EU a lesson: Climate protection yes, but fair and thoughtful!...

Little hope of a deal? EU-US Global Arrangement on Sustainable Steel still shaky – Stainless Espresso

Dec 1, 2023 | Stainless Espresso

1 December 2023 – Even after the EU Trade Council meeting, there still seems to be no solution to the steel and aluminium dispute between the EU and the United States. And the LME wins legal dispute over millions of euros in legal action for suspension of nickel...

Record decline: Germany’s inflation continues to fall – Stainless Espresso

Nov 30, 2023 | Stainless Espresso

30 November 2023 – Inflation in Germany continues to fall. In November, it even fell to its lowest level since June 2021. And the latest OECD economic outlook shows once again that the global economy is stronger and more robust than many had assumed....

Nickel crisis in New Caledonia: rescue or financial abyss? – Stainless Espresso

Nov 29, 2023 | Stainless Espresso

29 November 2023 – The nickel industry in New Caledonia, one of the countries with the world’s largest nickel reserves, is once again on the brink of financial collapse. There is a shortfall of at least 1.5 billion euros and the owners have already...