German retail sales fall unexpectedly in May
June 30 (Reuters) - German retail sales fell by 1.6% in May compared with the previous month, data showed on Monday.
Analysts polled by Reuters had predicted a 0.5% increase.
The federal statistics office publishes more details on its website, opens new tab.
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13 minutes ago
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UK's watered down welfare reforms will push 150,000 into poverty, modelling shows
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Reuters
19 minutes ago
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Senate Republicans try to get Trump's tax cuts over the line, setting aside cost concerns
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32 minutes ago
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Germany to help Ukraine make more weapons to strengthen hand in peace talks
Germany aims to help Ukraine manufacture more weapons more quickly as Kyiv looks to strengthen its negotiating position in peace talks with Russia about ending their more than three-year war, the top German diplomat said. 'We see our task as helping Ukraine so that it can negotiate more strongly,' foreign minister Johann Wadephul said during a visit to the Ukrainian capital, Kyiv, on Monday accompanied by German defence industry representatives. Advertisement US-led international peace efforts have failed to make progress on halting the fighting. Our institutions are working on the synchronization of European and Ukrainian sanctions. We are also fully aligning the European sanctions package targeting the regime in Iran, which includes numerous individuals, companies, and entities not only involved in military production… — Volodymyr Zelenskyy / Володимир Зеленський (@ZelenskyyUa) June 29, 2025 Russian President Vladimir Putin has effectively rejected a ceasefire and has not budged from his war goals. 'When Putin speaks of peace today, it is pure mockery,' Mr Wadephul told a news conference with Ukrainian foreign minister Andrii Sybiha. 'His apparent readiness to negotiate is only a facade so far.' Advertisement Russia's invasion shows no sign of letting up. Its grinding war of attrition along the roughly 1,000-kilometre (620-mile) front line and long-range strikes on civilian areas of Ukraine have killed thousands of troops and civilians. Ukraine is outgunned and short-handed on the front line and international aid has been vital for Ukraine's resistance against its neighbour's bigger army and economy. Germany has been Ukraine's second-largest military backer after the United States, whose continuing support is in doubt. Advertisement 'We want to build new joint ventures so that Ukraine itself can produce faster and more for its own defence, because your needs are enormous,' Mr Wadephul said while standing next to Mr Sybiha. German foreign minister Johann Wadephul, left, and Ukrainian foreign minister Andrii Sybiha talk during their meeting in Kyiv, Ukraine (Efrem Lukatsky/AP) 'Our arms cooperation is a real trump card — it is a logical continuation of our delivery of material,' Mr Wadephul said. 'And we can even benefit mutually from it — with your wealth of ideas and your experience, we will become better.' Mr Wadephul was also due to meet with Ukraine President Volodymyr Zelensky. Advertisement The top German diplomat's trip to Kyiv came less than 48 hours after Russia launched its biggest combined aerial attack against Ukraine over the weekend, Ukrainian officials said, in an escalating bombing campaign that has further dashed hopes for a breakthrough in peace efforts. Ukraine's air force said on Monday it detected 107 Russian Shahed and decoy drones in the country's air space overnight. Strikes in Ukraine's north-eastern Kharkiv region left two civilians dead and eight injured, including a six-year-old child, regional governor Oleh Syniehubov said on Monday. The aerial onslaughts are calculated by Russia to squeeze Ukraine into submission, according to the Institute for the Study of War. Advertisement 'Russia is continuing to use increasingly large numbers of drones in its overnight strike packages in order to overwhelm Ukrainian air defences and enable subsequent cruise and ballistic missile strikes,' the Washington-based think tank said late on Sunday. German foreign minister Johann Wadephul, left, and Ukrainian foreign minister Andrii Sybiha stand at the entrance of St Michael Monastery in Kyiv (Efrem Lukatsky/AP) 'The increases in Russia's strike packages in recent weeks are largely due to Russia's efforts to scale up its defence industrial production, particularly of Shahed and decoy drones and ballistic missiles,' the institute added. Mr Sybiha thanked Germany for its contribution to Ukraine's air defence and urged Berlin to send more anti-missile systems. The Russians 'are attacking civilian targets in order to create panic, to influence the mood of our population', he said. 'The key is the air defence system.' Berlin has balked at granting Mr Zelensky's request to provide Ukraine with powerful German and Swedish-made Taurus long-range missiles, which could potentially hit targets inside Russia. That is due to fears such a move could enrage the Kremlin and draw Nato into Europe's biggest conflict since the Second World War. German Chancellor Friedrich Merz pledged in May to help Ukraine develop its own long-range missile systems that would be free of any Western-imposed limitations on their use and targets.
