Daily Memo: France’s War Economy, Germany’s Record Inflation

The French president plans to reevaluate the country's defense spending.

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War economy. French President Emmanuel Macron said he would ask his defense minister and chief of defense staff to reassess the Military Programming Law, which sets the country’s defense spending, in light of the war in Ukraine and rising threats. He added that France has entered a war economy that will last “a long time” […]

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