Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
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French inflation shows a fall this morning, more than expected , just like in Spain ..... latest German inflation figures due out at noon GMT
In France :
"Energy inflation fell from 6.8 per cent in April to 2 per cent in May, while food inflation dipped from 15 per cent to 14.1 per cent. Price growth in manufactured goods and services also eased."
Better French figure could be reason for the morning up tick in VOD ...with hope for a similar improved figure from the German figure
https://www.morningstar.com/economy/why-we-expect-inflation-fall-2023-2
The EU can do one as far as I'm concerned, they're just a bunch of protectionist scumbags. It's about time the UK Government started looking at all EU companies with interests in the UK, and cancelling their contracts like the EU have just done to BT in respect of the TESTA contract, which Telefonica had a big part in causing. Telefonica own half of VMO2, so under those circumstances shouldn't VMO2 be banned from any UK Government contracts?
German index of import prices decreased by 7.0% in April 2023 compared with the corresponding month of the preceding year. This was the highest decrease compared with the preceding year since October 2009.
Mainly due to energy price decreases of 31.8% compared with April 2022
German prices for consumer goods and capital goods increased by 4.6% and 4.7% compared to April 2022.
https://www.destatis.de/EN/Press/2023/05/PE23_207_614.html
Fleccy
sure ..it is up to the UK Government who they give contracts to.... and whether they believe there is any security implications regarding that .....the ball is in their court to decide that
meanwhile...the EU decided that giving access to sensitive EU data to a non-EU nation was not in the bloc interest ....
what do you expect ?
Yes and British companies should be banned from doing any business in the EU, and not be allowed to buy any EU businesses. British should just be British, for the British, and only in Britain, and nowhere else and especially not in the EU.
When it comes to Imports I am totally a Nationalist
When it comes to Exports , I cannot abide Nationalism
:-)
Poker.
Totally in agreement, but can we make an exception for avocado. My wife likes them.
Well I've written a strongly worded email to my MP about it, so I've done my bit to air my grievance. Sooner the EU implodes the better as far as I'm concerned.
@avocet123, lol, you were born in the wrong colonial century
I am only trying to mess with fleccy lol
The UK is out of the EU and he is still complaining about it.
Germany - Consumer price index, May 2023:
+6.1% on the same month a year earlier (provisional)
-0.1% on the previous month (provisional)
Continued drop
May 2023 +6.1%
April 2023: +7.2%,
March 2023: +7.4%
February 2023: +8.7%
https://www.destatis.de/EN/Press/2023/05/PE23_210_611.html
"meanwhile...the EU decided that giving access to sensitive EU data to a non-EU nation was not in the bloc interest"
Indeed you're correct Pokerchips, so lets hope the UK become far more selective over offering contracts to companies where EU based entities hold large controlling interests, like VMO2.
Fleccy
maybe as well you should write with strong words to Bailey at the BoE while you are at it ....
Ask him why Spanish,French and now German CPI figures are falling back month on month and the UK is clearly falling behind ...
I don't care about the EU, they manipulate to hold their figures down. As an example the French government forces EDF to offer more than a quarter of its production to suppliers at a huge discount on the current wholesale price. The inflation rate in countries like France has been massaged down by state policies, not by being more efficient, so you can't compare France with the UK. My personal opinion is that the UK should forget about Globalisation and look inward toward self sufficiency and let the rest do what they want. I'm passed caring what the EU do as far as economic policy, because they're no longer anything to do with us and hopefully it'll stay that way.
I think you care a lot about what the EU do. Otherwise you would not be posting about it all the time.
not one day since the result has this **** share gone up. she only got the ceo job because no one else wanted it. she needs replacing asap for this to come back
Look at CAC40 30% up over 5 years. Dax 25% up. FTSE 3% down.
Nope I only really care about the UK, if I perceive injustice then I'll say something. I want the UK to build up it's energy infrastructure and move away from dependency on the EU and US, in other words become laser focused on self sufficiency.
Fleccy
i noticed you didnt mention laser focused on self sufficiency in terms of food and drink
no doubt you are partial to some of that imported Spanish, Italian, German, French etc cuisine delights
"Look at CAC40 30% up over 5 years. Dax 25% up. FTSE 3% down."
All the more reason we should move even further away from the EU. They're not our friends, the sooner the UK Government accepts that the better.
What a load of junk Vod has become.
"no doubt you are partial to some of that imported Spanish, Italian, German, French etc cuisine delights"
Nope they should bang huge tariffs on all of them.
So rather than trying to get better than the competition, you are proposing to transform the UK into a North Korean style protectionist third world isolated state where its population drives around in Morris Marinas (at best, but only after waiting 10 years for delivery)
As appealing as this sounds, I don't think the majority is going to vote for your proposal.
Fleccy sounds like my old man..
He wouldnt eat anything foreign ....but he drank Yorkshire Tea because thought it was English (daft fool )
I don't drink Yorkshire Tea, or any Tea for that and I'm not as old as you might think n0b