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Tuesday, May 5 2026

Germany Has the Cash to Revitalize Its Economy, but Can’t Seem to Spend It

A mammoth economic stimulus passed last year in Germany was meant to jolt the country—and Europe—out of its economic slumber. The problem: Germany has been reticent to spend the money, according to a Wall Street Journal analysis…

Tuesday, May 5 2026

ECB Rate Hike in June Is ‘All But Inevitable,’ Kazimir Says

It’s highly likely that the European Central Bank will have to raise interest rates at its next meeting in June due to the Iran war, Governing Council member Peter Kazimir said, Bloomberg News reported. While officials aren’t pre…

Tuesday, May 5 2026

Power Suppliers Hesitate as Venezuela Seeks Grid Repairs Without Payment Guarantees

When potential providers and financiers for Venezuela's electric industry, including Siemens Energy and GE Vernova, held meetings with officials in Caracas in April, questions of how they might get paid to shore up the country's…