The Warthog and the senator: The politics of retiring a warplane

WASHINGTON, July 16 (Reuters) – The U.S. Air Force is desperate to get rid of some of its fleet of expensive, slow and outdated A-10 Warthog airplanes, but politicians have blocked the move, aiming to keep the local dollars flowing. President Joe Biden wants to retire dozens of the 40-year-old warplanes to free up funding […]

Germany’s 2021 election and why it matters to markets

It’s rare for German elections to be exciting, market-moving events but the one on Sept. 26 may prove the exception if its outcome completes the transformation of a nation long wedded to austerity into a big spender. The election will end Angela Merkel’s 16-year stint at the helm of Europe’s biggest economy, and the Greens […]

Column: German Greens shifting market calculus

Five months is a long time in German politics but a mould-breaking surge in support for the Green party ahead of September’s Federal election has markets crunching numbers to assess its likely role in the next ruling coalition. Record high German stock prices, soaring EU carbon permit prices and less negative German debt yields all […]