- Critics argue Merkel's ties with Russia partly responsible for current Ukrainian crisis.
- Merkel was key architect of deals that made Germany dependent on Russian energy imports.
- Former allies say Merkel's refusal to stop buying energy from Putin after Crimea emboldened him.
- Merkel's legacy repudiated as Berlin announces new $3bn military aid package to support Ukraine.
- Merkel defends Nord Stream 2 pipeline project as a purely commercial decision.
Central banks around the world are pausing tightening campaigns as inflation eases and economies slow. Inflation-targeting regimes are keeping their own houses in order, while the US Fed's key inflation gauges fell to the slowest annual paces since late 2021.
Two massive earthquakes on Monday have devastated cities and towns across Turkey and Syria, with death toll of over 16,000. This is one of the worst natural disasters this century, alongside the 2004 Sumatran Tsunami, 2010 Haiti earthquake and 2008 Cyclone Nargis.
A raft of U.S. data and European inflation numbers will give guidance on how the world's top central banks will navigate the way ahead, including the hotly debated "no landing" scenario. Reports on U.S. durable goods orders, home prices, manufacturing and consumer confidence threaten to cement expec