Italian train operator Italo wants to enter the German high-speed rail market, and is facing obstacles from the regulators.
German newspaper Berliner Zeitung is reporting about it today... with food and mafia jokes, of course. 🤦♂️ https://t.co/yTSSHPtJOP
Last point here was wild. Europe imposed a de-facto carbon tax on certain imports starting Jan 1. So farmers bought tons of fertilizer in Nov. and Dec. of last year to get ahead of the tax. And so by sheer "luck," European farmers didn't get clobbered when the Strait closed.
COLUMN: China is quietly slashing oil imports, an invisible hand that's rebalancing the market in the middle of the Hormuz closure.
(The shift has not only capped benchmark oil prices, but also triggered a collapse in physical differentials)
@Opinion
https://t.co/GND1uXtbwV
the 9-Euro Ticket increased train trips by about 35%, but reduced car traffic by only 1–5%, implying limited car-to-rail substitution. The additional train demand worsened rail service quality: the share of delayed trains rose by 30%, with spillovers to long-distance trains.