EU’s bilateral emergency energy sharing deals
U.S. refiners say fuel consumption still strong
Japan’s energy saving template for Europe
U.S./China leaders call – White House view
U.S./China leaders call – China view (trans.)
Global coal use rebounds to previous peak
German city turns off lights and hot water
U.S. REAL FINAL SALES to private domestic purchasers were unchanged in the second quarter after advancing at an annualised rate of +3.0% in the first, confirming the economic slowdown that has been evident for some time. Real final sales to private domestic purchasers (RFSPDP) strips out the impact of inventory changes, government spending and trade to focus on the underlying behaviour of households and businesses and is therefore the best indicator of underlying economic momentum. RFSPDP was growing at the slowest rate since the first wave of the pandemic in 2020 and before that the recession of 2008/09:



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