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1. Eurointelligence:
As the last working week of 2024 draws to close, one would be forgiven (to think) that the western world has turned officially crazy. We are at the brink of a government shutdown in Washington. Elon Musk is now officially supporting the AfD in the German elections. Olaf Scholz walked into the European Council to press for what he believes to be the key to the future of the European economy: EU-coordinated subsidies for the car and steel industries. Viktor Orbán has rejected the renewal of the EU’s Russia’s sanctions, which auto-expire at the end of January. And Kaja Kallas, the EU’s High Representative for foreign and security policy, warns against a peace deal in Ukraine. Whom the gods would destroy, they first make mad. (Source: eurointelligence.com)
2. U.S. billionaire Elon Musk, set to join President-elect Donald Trump's administration, waded into Germany's election campaign on Friday, calling the far-right Alternative for Germany (AfD) the country's savior. The AfD is running second in opinion polls and might be able to thwart either a centre-right or centre-left majority, but Germany's mainstream, more centrist parties have vowed to shun support from the AfD at national level. Europe's leading power is expected to vote on Feb. 23 after a centre-left coalition government led by Chancellor Olaf Scholz collapsed. "Only the AfD can save Germany," Musk wrote in a post on his social media platform, X. (Source: reuters.com)
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