Today's essential intelligence covering international developments and European affairs. US Consumer Pressure
US consumers are showing signs of strain, with Newell Brands, maker of Sharpie pens, reporting lower fourth-quarter sales after price hikes met resistance (WSJ). Germany Debates State Gas Reserve
The engine of Europe is rethinking its energy strategy as gas storage hits historic lows amid a cold snap, prompting a serious debate over creating a national strategic reserve (ZDF).
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