Russian sanction start biting…Europe. First casualties of the new US/Russia war

Posted: August 14, 2014 in Uncategorized

Italy went back in recession last week and Bank of Italy admitted that 10 big Italian cities are in deflation.

France unexpectedly failed to growth for a second quarter (but it is not recession!! last year it would have been recession…media speaking)

Germany economy for the first time since 2012 shrinked.

Austria, Spain and Greece asked help for their food producers.

Poland asked the US to buy its apples due to Russia



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