Germany – eyes on the Rhine river water level, relief seen this weekend

Greg posted this earlier in the week:

  • The Rhine River has fallen to a critical 40cm mark at a key German waypoint
  • If the area becomes unpassable it impacts goods transport including coal and could lead to increased chance of not only higher costs (finding alternative means of transport would be higher) but the chances for a German recession.

An update now, this via Bloomberg:

Ethan Andrews

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