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INE

Spanish industrial output slows in February

Spanish industrial output fell faster in February, dropping by 6.5 percent from the same month a year earlier following a decline of 4.9 percent in January, official statistics released on Tuesday showed.

Published: 10 April 2013 12:22 CEST

The latest drop was in large part the result of weakening production of durable consumer goods, the data showed.

The seasonally-corrected figure which was released by the national statistics institute, the INE, has fallen steadily since August 2011, while Spain, the fourth biggest eurozone economy, has been in recession since the second half of that year.

The constant drop in industrial output eased somewhat in October, when it declined by 3.1 percent on an annualized basis, before posting plunges of 7.0 percent in November and 7.1 percent in December.

All sub-categories showed declines in February, an INE statement said, with production of consumer goods posting a sharp drop of 10.2 percent for durable goods and 3.3 percent for non-durable goods.

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YEMEN

Norway halts defence exports to Saudi Arabia over Yemen

Norway said on Friday it was freezing all defence material export licences to Saudi Arabia over recent developments in the country and the war in Yemen.

Published: 10 November 2018 12:33 CET
The announcement came amid international outrage over Riyadh’s killing of Saudi journalist Jamal Khashoggi in the kingdom’s consulate in Istanbul in October, though Norway did not mention the murder specifically.
   
“We have decided that, in the current situation, no new licences are to be granted for exports of defence-related products or dual-use items for military use to Saudi Arabia,” Foreign Minister Ine Eriksen Soreide said in a statement.
   

“The decision was taken after an overall assessment of recent developments in Saudi Arabia and the region, and the unpredictable situation in Yemen,” the foreign ministry said.

 
Norway sold defence material worth more than 41 million kroner ($4.86 million, 4.29 million euros) to Riyadh last year, according to Norwegian news agency NTB.
 
 
The Scandinavian country has never allowed exports of arms or ammunition to Saudi Arabia, the ministry said.
   
It said it had no indication that Norwegian defence-related products were being used in Yemen, and stressed its decision was “precautionary”.

   
Saudi Arabia leads a coalition that intervened in Yemen in 2015 to support the government there against Shiite Huthi rebels who are backed by Riyadh’s arch enemy Iran.
   
The coalition has been waging an aerial bombing campaign in Yemen aimed at pushing the Huthis back, but the rebels still hold the key port city of Hodeida and the capital Sanaa.
   
Pro-government forces are currently pushing deeper into Hodeida amid fierce fighting. Nearly 10,000 Yemenis have been killed in the conflict since 2015, according to the World Health Organization. Human rights groups say the real death toll may be five times higher.
   
Several aid organisations and opposition parties have recently demanded that Norway halt its defence material exports to Saudi Arabia.