Poland
Polish manufacturing downturn eases in July but remains steep
Business conditions in Poland’s manufacturing sector continued to deteriorate in July, though at a slower pace than the month before.
US DoE muddies the ClimateCrisis waters with report downplaying the emissions problem
As part of the Trump administration’s attempts to take the Climate Crisis off the agenda, the US Department of Energy has released a report downplaying the impact of fossil fuels on global warming.
Poland’s inflation falls within central bank’s target in July, flash estimate shows
Poland’s CPI growth eased to 3.1% year on year in July from 4.1% y/y the preceding month, the country’s statistical office GUS said in a flash estimate on July 31. (chart)
IMF corrects growth forecast upwards – Statista
Despite uncertain market conditions amid the Trump administration's tariff regime and major global conflicts, the International Monetary Fund has upped its global economic growth forecasts for 2025 and 2026 slightly, Statista reported on July 30.
Polish Prime Minister Donald Tusk said there are signs Russo-Ukraine war could stop soon as fatigue builds
Polish Prime Minister Donald Tusk said on July 30 that there are “many signs” that suggest the war in Ukraine may soon be at least temporarily halted but warned that even a ceasefire would not change Poland’s policy of building up its army.
Poland sees record life expectancy amid deepening demographic crisis
Life expectancy in Poland reached its highest recorded level in 2024, with men living on average 74.93 years and women 82.26 years, the Central Statistical Office (GUS) reported on July 30.
Poland sees biggest ice cream output rise in EU, Eurostat says
Weather in Poland might be freaky this year – the country has been a cold-ish blob in the otherwise red-hot European heatwave in July – but local ice-cream producers are not complaining.
Polish regulator wheels out greenwashing charges against major courier companies
Polish logistics services giants Allegro, DHL, DPD and InPost have misled consumers with false environmental claims, Poland’s competition regulator UOKiK said.
Trump Administration's trade deals so far - Statista
On July 27, the United States and the European Union agreed on a trade deal that is lowering tariffs of 30% on European goods threatened by August to 15%, including on cars.
PiS leads new Polish party poll as key government party drops in ratings after cabinet reshuffle
Poland’s radical right-wing Law and Justice (PiS) party received 28.3% support in a United Surveys poll released on July 28, putting it ahead of Civic Coalition (KO), the main party of the incumbent coalition government, which dropped to 25.8%.
COMMENT: Trump’s energy deal with the EU is delusional – Reuters
The energy deal that US President Donald Trump cut with European Commission President Ursula von der Leyen over the weekend is unrealistic, argues Clyde Russell, Reuters Asia Commodities and Energy Columnist.
IPCC releases dire sixth climate update in run-up to COP30
“Any further delay in global action to slow climate change and adapt to its impacts will miss a brief and rapidly closing window of opportunity to secure a liveable and sustainable future for all”.
ICJ declares healthy environment is a human right in landmark climate ruling
The International Court of Justice (ICJ) has issued a historic advisory opinion recognising a clean and sustainable environment as a human right, declaring that states which fail to curb emissions may be in violation of international law.
Earth overshoot day is already long past – Statista
July 24 marks this year's Earth Overshoot Day, the day that humanity’s demand for ecological resources exceeds the resources Earth can regenerate within that year, Statista reports. That day has already long passed.
Tusk unveils cabinet shake-up to regain footing after presidential election setback
Polish Prime Minister Donald Tusk announced a government reshuffle on July 23 in a bid to regain political momentum following the opposition’s victory in the presidential election in June.
World has less than three years to avert worst climate impacts, scientists warn
A new global climate report warns that the world is on the brink of irreversible damage. The findings come amid sluggish international action ahead of COP30.
COMMENT: Poland’s presidential result heightens risks to fiscal reform, says Fitch
Poland’s recent presidential election result risks deepening political instability and weakening the government’s ability to implement fiscal consolidation and economic reform, according to a note from Fitch Ratings released on July 17.
Fitch upgrades Trump’s effective tariff rate to 19.4%
President Donald Trump’s evolving trade policy is set to sharply increase the United States’ effective tariff rate (ETR), with Fitch Ratings warning of substantial rises as new duties take effect on August 1.
Geopolitics is weighing on FDI, capital chasing certainty over scale – study
The world is living through turbulent times, but investors are still chasing returns which has affected the flows of international foreign direct investment.
Maspex secures 21% of Bucharest-listed Purcari winery on first day of takeover bid
Maspex aims to broaden its product portfolio beyond its core soft drinks and food businesses.