Industry Commissioner says Europe will speed up space ambitions

Thierry Breton, Internal Market Commissioner said on Sunday EU is planning to invest in rocket launches, satellite communication and space exploration, in light of rapid progress by the US and China.  “Space is one of Europe’s strong points, and we’re giving ourselves the means to speed up,” Breton told Reuters in an interview, on Sunday. […]

German manufacturers project 4% nosedive in industrial output

Germany’s manufacturing output will drop by 4% in 2021, mostly due to weaker demand, the German industry association (BDI) said on Tuesday. In a country where one in five jobs depend on {mostly manufacturing} exports, this could have a significant effect on GDP. Germany is the only developed economy with a trade surplus with China. […]