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In early November, slaughter pig markets in Central Europe saw stable prices amid increased supply and demand, particularly in Germany and Austria, where prices remained at 1.92 and 1.86 euros/kg, respectively. However, Denmark experienced a slight decline, and Italy"s prices fell significantly due to discrepancies with other European markets. Overall, the EU average price continued to weaken, down 1.7% from the previous week, with Slovakia being the only country to report a price increase.
Boeing Company, the leading aircraft manufacturer globally, generates 43.5% of its sales from commercial aviation, 32% from defense, space, and security, and 24.5% from various services. Geographically, 58.4% of sales come from the United States, followed by Europe (13.5%) and Asia (12.9%).
Former U.S. President Donald Trump's return to office may shift focus back to NATO members' defense spending, as he has previously criticized European allies for inadequate contributions. Currently, two-thirds of NATO allies meet the 2% GDP defense spending commitment, with Poland leading at 4.12% in 2024.
European buyers are close to finalizing a deal with Azerbaijan to secure natural gas supplies, aiming to maintain flows to the continent after the expiration of a transit agreement between Russia and Ukraine at year-end. Hungarian and Slovak companies are expected to sign a contract for 12-14 billion cubic meters of gas annually, utilizing the existing pipeline network that currently transports Russian gas to the EU.
A potential Trump victory could have mixed effects on Europe, with increased military spending, tariffs, and geopolitical uncertainty leading to a projected 1% GDP reduction. While some view this as a catalyst for European unity and defense autonomy, others fear it may embolden far-right populism and strain transatlantic relations.
Germany's Chancellor Olaf Scholz now views the EU as a problem to manage, reflecting a shift from past collaborative efforts. With a struggling economy and few allies, Germany's recent actions, such as rejecting tariffs on Chinese electric vehicles and imposing border checks, signal a "Germany First" approach that complicates EU unity. As member states increasingly pursue their own agendas, the need for collective action to address structural challenges remains critical.
Under Armour, Inc. specializes in the development, marketing, and distribution of branded athletic performance apparel, footwear, and accessories for men, women, and youth. The company operates across four geographic segments: North America, EMEA, Asia-Pacific, and Latin America, utilizing both wholesale and direct-to-consumer channels for sales. In EMEA, products are primarily sold through wholesale customers and independent distributors, while in Asia-Pacific, sales occur through distribution partners and e-commerce platforms.
The EU is set to release €799 million to Slovakia following a rule-of-law dispute triggered by Prime Minister Fico's controversial changes to the criminal code and the abolition of the special prosecutor's office. These actions raised alarms in Brussels, echoing concerns over judicial independence similar to those seen in Hungary. Protests erupted across Slovakia in response to these reforms, reflecting widespread public discontent and opposition anger.
The European Union has approved the release of 799 million euros ($862 million) in recovery funds to Slovakia, following a standoff over amendments to the criminal code and the abolition of the special prosecutor’s office. This decision comes after the European Commission assessed a package of laws aimed at enhancing anti-corruption measures and the integrity of the justice system.

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