EU says US tax credits for electric cars are ‘discriminatory’
The EU on Thursday said it was "deeply concerned" by US moves to give American motorists a tax credit for...
Europe economy
/cloudfront-us-east-2.images.arcpublishing.com/reuters/JZD2NEG4YFNO7B6VEX6ZS6MZDY.jpg)
German economy to lose $265 billion in added value due to war and high energy prices – study
General view of a pressure gauge at gas trading company VNG AG in Bad Lauchstaedt, Germany July 28, 2022. REUTERS/Annegret...
Did the British economy contract in the second quarter?
Did the British economy contract in the second quarter?Britain's economy is expected to contract slightly in the second quarter as...
Why long-haul travel to Europe sucks right now
Traveling long-haul in economy class remains a test of endurance. Photo: iStock I have a confession to make, I'm not...
Biden’s surprise victory will bring economic and political benefits
Joe Biden's political outlook has just rebuilt better. The passage of the Chips and Science Act by Congress last week...
:format(webp)/https://www.thestar.com/content/dam/thestar/business/opinion/2022/07/30/if-natural-gas-has-opened-a-door-to-more-trade-with-germany-canada-should-run-through-it/scholz_jt.jpg)
If natural gas opened the door to more trade with Germany, Canada should go through it
Often we struggle with conventional thinking. The kinds of finicky politics that dominate Canada's public commentary often lecture us about...
/cloudfront-us-east-2.images.arcpublishing.com/reuters/Z5UD3EUB25IGZP45CZZ4AAAMMU.jpg)
The Portuguese economy is running out of steam, inflation weighs on consumption
A waitress removes drinks from a table at a restaurant in Lisbon, Portugal, June 6, 2022. Picture taken June 6,...
/cloudfront-us-east-2.images.arcpublishing.com/reuters/Z7JHLF4V5ZLCTALU65NSRQN6ZM.jpg)
Stocks tumble, US Treasury yields fall after US economy pulls back
US GDP fell 0.9% in the second quarter for a second consecutive decline10-Year U.S. Treasury Yields Fall, Dollar RisesWall Street...
/cloudfront-us-east-2.images.arcpublishing.com/reuters/CJWMWV62DBL67H4Q3DTUHJGC5E.jpg)
Russian gas cut to Europe hits economic hopes, Ukraine reports attacks on coastal regions
Gazprom says shutting down turbine will further reduce gas to GermanyUN hopes for grain exports within daysUS explores land routes...
British Airways workers at Heathrow call off summer strike
ghello. A splurge on food and drink over the Platinum Jubilee weekend failed to boost retail sales as consumer spending...
Your Wednesday Night Briefing – The New York Times
(Want to receive this newsletter in your inbox? Here registration.) Good evening. Here is the last Wednesday at the end...
“Putin is looking for other alliances despite the sanctions of the United States and Europe”
An international relations scholar, who focuses on international political economy, Dr. Oscar van Heerden says Russian President Vladamir Putin is...
/cloudfront-us-east-2.images.arcpublishing.com/reuters/44OD2KTYCBMXXCW3H5JEZNIBJ4.jpg)
Exclusive: Russia’s Gazprom tells Europe to shut down gas beyond its control
A view shows a screen with Gazprom's logo at the Saint Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia...
/cloudfront-us-east-2.images.arcpublishing.com/reuters/AZQBU7IKF5IHDFXZCKLFZ2VRDE.jpg)
Global stocks gain, dollar plunges as investors assess spending data, inflation scares
Global markets are firming upChina's economy slowed sharply in Q2US yields and the dollar retreat after comments from Fed officialsWASHINGTON,...
/cloudfront-us-east-2.images.arcpublishing.com/reuters/KEMVYM2DENMBJMPDIGPFIXIJ3Y.jpg)
Spain to raise inflation forecast after price hike – economy minister
People walk past a clothing store in Ronda, southern Spain, April 27, 2022. REUTERS/Jon NazcaJoin now for FREE unlimited access...
/cloudfront-us-east-2.images.arcpublishing.com/reuters/25B4WUWR2NNSLOHIZXRMEZALX4.jpg)
Eurozone bond yields fall amid fears for economic outlook
An illustration of euro banknotes, April 25, 2014. REUTERS/Dado Ruvic/Join now for FREE unlimited access to Reuters.comRegisterJuly 12 (Reuters) -...
/cloudfront-us-east-2.images.arcpublishing.com/reuters/PPL6A6BLXRNZJKI63JHEOBACBM.jpg)
Europe on edge as Russia’s Nord Stream gas link set to be shut down
Pipes from the landing facilities of the 'Nord Stream 1' gas pipeline are pictured in Lubmin, Germany March 8, 2022....
Transforming the US Social Security Trust Fund into a Sovereign Wealth Fund
Regulation of the decentralized finance industry is a hot topic today. It seems that some regions are more open on...
/cloudfront-us-east-2.images.arcpublishing.com/reuters/LQHNE62V4FL6XFNS7ESZZ6P2KU.jpg)
EXCLUSIVE Pope hopes London builds latest Vatican financial scandal
Pope Francis looks on during an exclusive interview with Reuters, at the Vatican, July 2, 2022. REUTERS/Remo CasilliJoin now for...
At the June meeting, Fed officials feared inflation was taking root
Federal Reserve officials made their biggest interest rate hike since 1994 at their June meeting after inflation data spooked them,...
Making European wastewater treatment plants more efficient and circular can help achieve zero pollution targets — European Environment Agency
Most European cities wastewater treatment plants focused on cleaning water and returning it to the environment in a simple, linear...
GT Voice: EU economy heading for tough winter with Russian gas cut
An oil pump is seen in Almetyevsky District, Republic of Tatarstan, Russia. File photo: PCPLast June saw the EU, for...
Panera ends IPO plans with Danny Meyer’s SPAC
2021 has been a major year for restaurants and other food and beverage (F&B) companies going public, with initial public...
/cloudfront-us-east-2.images.arcpublishing.com/reuters/NHCSCKR7ARIAVH22BAFN4DPPJI.jpg)
US consumer spending and slowing core inflation in May
Consumer spending increases by 0.2% in MayInflation-adjusted consumer spending falls 0.4%The Core PCE price index increases by 0.3%; up 4.7%...
US tech benchmark drops 3% as consumer confidence slows
A sharp drop in tech stocks dragged U.S. equity markets lower on Tuesday as investors took fright from a report...
Should the European bank really look more like the American bank?
Placeholder while loading article actionsEuropean banking mergers and acquisitions are back! Or else, a little discussion about the possibility is...
Russo-Ukrainian War: Latest News and Updates
A thermal and power plant in Berlin on Thursday. Germany may soon have to ration gas as Russia has shown...
Government bond markets rally on fears of economic slowdown
Government bond markets rallied on Thursday after a sharp slowdown in euro zone business activity heightened fears about the health...
ALEX BRUMMER: The EU works badly politically and technically
Cracks are appearing in the euro zone: the EU is malfunctioning politically and technically, according to ALEX BRUMMERBy Alex Brummer...
Rail strikes and labor shortages hurt UK economy
London CNN Business — UK has a job problem. The there just aren't enough workers to keep its economy going,...
Why Xi Jinping’s damage control in China is about avoiding a crisis
For President Xi Jinping, sending its special envoy to Europe for a three-week charm tour was just one of many...
Ukraine News: Putin stokes anti-American sentiment as Kyiv moves closer to EU
Foreign fighters in Ukraine, whether they have joined the country's International Legion or one of the loosely organized outfits across...
Bank of Japan continues to ease policy despite rate hikes in US and Europe – Economy
AFP Tokyo, Japan ● Fri, June 17, 2022 2022-06-17 10:55 0 e16ff64e7ecc29b4174149122328d30d 2 Economy Japan, economy, inflation, dollar, Bank of...
Support for Ukraine is high in Europe, but inflation could deepen divisions, poll finds
Placeholder while loading article actionsAs the war in Ukraine drags into its fourth month, Europeans remain largely united in support...
Economic thinking is at a crucial inflection point
Soaring energy prices have encouraged another form of inflation, this one rhetorical. Comparisons of our current challenges with the economic...
Euro-Mediterranean Regional and Local Assembly (ARLEM)
ARLEMIt was created in 2010 by the European Committee of the Regions (CoR) in collaboration with local associations active in...
US stocks lose ground; European markets slide on rate news – Delco Times
By DAMIAN J. TROIS NEW YORK (AP) — Stocks fell Thursday morning on Wall Street as investors struggled to find...
Recalibrating EU companies’ R&D strategy in China | Business | Economic and financial news from a German perspective | DW
EU companies have tended to adopt two strategies when dealing with the often opaque and highly politicized world of business...
/cloudfront-us-east-2.images.arcpublishing.com/reuters/EZRJ77FU6BJGLOYRLNS5X4YJVQ.jpg)
Gentiloni wants to present the reform of the stability pact after the summer
European Commissioner for Economy Paolo Gentiloni speaks during a news conference on the European Commission's budgetary guidelines for 2023, in...
European countries face economic turmoil if Russia cuts gas supply
The EU is working to wean Russian energy amid criticism that it is funding the war in Ukraine. EU GDP...
US and EU strengthen economic ties with Taiwan — Quartz Daily Brief — Quartz
Hello, Quartz readers!Here's what you need to knowThe United States and Taiwan want closer economic ties. Countries plan commercial agreements...
Portugal’s quarterly growth picks up, unlike EU slowdown By Reuters
© Reuters (Reuters) - The pace of Portugal's economic growth doubled to 11.9% in the first quarter from a year...
How Partygate Could Do For Johnson Like Black Wednesday Did For Major | Larry Elliot
MMemories flooded in when George Soros castigated Vladimir Putin and Xi Jinping in Davos last week, although 30 years ago...
Why Putin’s demand for rubles is confusing Europe
Placeholder while loading article actionsRussian President Vladimir Putin's decree imposing a new payment system for gas supplies has placed the...
/cloudfront-us-east-2.images.arcpublishing.com/reuters/3XKYDAAADNJAVDVVMM4V6YNXYY.jpg)
S&P 500 and Nasdaq slip as weak economic data and bleak outlook stoke recession fears
Snap Inc collapses, profit fears hit rival social networksAbercrombie & Fitch slumps after downgrading revenue outlookIndices: Dow up 0.15%, S&P...
European Commission extends borrowing restrictions in 2023
The European Commission proposed on Monday (May 23) to keep restrictions on public spending suspended in 2023, extending by a...
Gas prices, food shocks, war and inflation add to economic dangers, warn G-7 leaders
Placeholder while loading article actionsBONN, Germany — Financial leaders from the world's most powerful nations warned this week of the...
/cloudfront-us-east-2.images.arcpublishing.com/reuters/SPBR4X4YTNLCPMTXA7UW662CIQ.jpg)
Global stocks rebound despite economic malaise; dollar earnings
MSCI's ACWI posts longest losing streak since 1990Dollar gains as investors turn risk averseUS Treasury yields fall as fears of...
US economy could head into recession next year, banks and economists say
Placeholder while loading article actionsThe U.S. economy could be heading for a recession next year, according to mounting warnings from...
European stocks push higher as traders assess economic outlook
European stocks followed Asian stocks higher on Tuesday, while government bonds came under pressure as traders returned to riskier assets...
Finland NATO: will ask to join NATO, abandoning decades of neutrality despite threats of retaliation from Russia
The decision was announced at a joint press conference by President Sauli Niinistö and Prime Minister Sanna Marin, who said...
Treasury warns foreign banks against helping Russia evade sanctions
Referring to his message to foreign banks, he added: "You need to make sure that not only do you make...
UK economy shrank in March as service industry struggles – POLITICO
The UK economy contracted by 0.1% in March, according to to data released Thursday by the Office for National Statistics....
Russian-Ukrainian War News: Live Updates
POKROVSK, Ukraine — Russia's nearly three-month-old invasion of neighboring Ukraine was punctuated by flawed planning, poor intelligence, barbarism and wanton...
“It’s time for the EU to get closer to its citizens” – an increased role for local and regional authorities can help restore trust in the EU
The brutal invasion of Ukraine was a reminder that, despite their differences, the 27 EU Member States are closely linked...
Portugal Bitcoin News: How Portugal Accidentally Became Europe’s ‘Bitcoin Heaven’
As governments slowly shackle the crypto industry with regulations and obligations, Portugal is increasingly isolated in Europe – a place...
Diesel Fuel Is Scarce as Prices Rise – Here’s What That Means for Inflation
Gasoline and diesel prices above $6.00 a gallon are displayed at a gas station in Los Angeles, March 2, 2022.Frederic...
Remarks by President Charles Michel at the High Level International Donor Conference for Ukraine
I would like to thank Magdalena (Andersson) and Mateusz (Morawiecki) for...
Russian hypersonic missiles will bypass US defense, says Lavrov
The head of Russian diplomacy said that Moscow had developed hypersonic missiles to be able to defeat American defense systems...
China’s ‘great leader’ zero-Covid pride threatens economic downfall
In recent weeks, some Chinese government officials and political advisers worried about the economic impact of the country's endless Covid...
/cloudfront-us-east-2.images.arcpublishing.com/reuters/2KY2UWTCQRIGNEDUCRWSJWK7PQ.jpg)
Explosions hit Kyiv as UN chief visits, US promises new aid to Ukraine
UN chief António Guterres 'shocked' by blasts in Ukrainian capitalBiden seeks $33 billion in military and economic aid for KyivUkraine...
Elon Musk Twitter News: Musk’s Twitter ambitions clash with European tech rules
London: A hands-off approach to moderating content on Elon Musk's Twitter could clash with ambitious new laws in Europe designed...
Nuclear power could help Europe sever ties with Russia, but not for years
But when this behemoth giant will start supplying electricity to the French power grid, no one knows.Construction is a decade...
/cloudfront-us-east-2.images.arcpublishing.com/reuters/QDB3Q3BVNFIZBAM6FCULGJ5SKU.jpg)
European markets applaud as Macron poised to win French election
LONDON, April 24 (Reuters) - European markets will breathe a collective sigh of relief on Monday as pro-EU centrist Emmanuel...
Europe agrees to sweep new regulations for tech platforms
The proposed legislation, known as the Digital Services Act (DSA), marks the second landmark tech legislation to advance across Europe...
Pre-market inventories: Struggling factories and booming airlines put the Fed in a bind
London CNN Business — How should policymakers react when two key sectors of the economy are heading in different directions?...
Joint statement by Foreign Ministers on the occasion of the 30th anniversary of the German-Romanian Treaty of Friendly Cooperation of 21 April 1992
Today we celebrate the signing of the Treaty of Friendly Cooperation and Partnership in Europe between the Federal Republic of...
German inflation: Producer prices rise to highest since 1949
London CNN Business — the price of goods leaving German factories took an amazing step. Annual producer price inflation in...
Asian stocks mostly gain as China boosts support for economy
BANGKOK (AP) — Stocks were mostly up in Asia on Tuesday after China's central bank moved to provide more support...
China could be the big winner of the war in Ukraine
BM I think Washington wants to create a situation where financial and economic sanctions against Russia are really hurting the...
EU’s risky reliance on critical Chinese metals | Business | Economic and financial news from a German perspective | DW
As the EU works to cut off its energy supplies from Russia, the bloc is also heavily dependent on China...
Nuclear and gas in EU taxonomy labeled as ‘greenwashing’
Russia's invasion of Ukraine and EU plans to reduce its dependence on Russian fossil fuel imports have raised more questions...
Global trade needs more supply diversity, not less – IMF Blog
By Davide Malacrino, Adil Mohommad and Andrea Presbitero عربي, 中文, Spanish, Français, 日本語, Portuguese, Русский Countries with trading partners that...
S&P downgrade signals Russia heading for historic default
BOSTON (AP) — Rating agency Standard & Poor's has downgraded its assessment of Russia's ability to repay its external debt,...
Save globalization! Buying a Chinese EV
April 9, 2022SCHUMPETER IS NOT a car owner. He bought his last, a diesel-powered Volkswagen, in 2015, days before the...
/cloudfront-us-east-2.images.arcpublishing.com/reuters/QCSFJHXVSJKGRKH6LQKRIUBBUE.jpg)
Ukrainian Zelenskiy says some in the West fear economic loss more than war crimes
Ukrainian President Volodymyr Zelenskiy attends an interview for Ukrainian media representatives, as Russia's attack on Ukraine continues, in Kyiv, Ukraine...
The war in Ukraine reverberates in European factories and warehouses
PARIS — The shoes, 600 pairs in total, lay untouched in an Italian warehouse: magenta sandals, low-cut heels and gold...
Asian markets cautious on talk of new sanctions against Russia | Financial markets
MSCI's broadest index of Asia-Pacific stocks outside Japan plunged 0.1% in a cautious start to trading on Monday.Asian stock markets...
EU’s Gentiloni says war won’t lead to recession
The European Union's economics chief said Russia's war with Ukraine would trigger a slowdown in growth this year, warning that...
/cloudfront-us-east-2.images.arcpublishing.com/reuters/NM7LRDKI2BKLTKHJYPRZ7ILM5E.jpg)
Germany braces for gas rationing, Europe on edge in Russian standoff
Europe fears Moscow will cut gas supplyKremlin says ruble payments are a good idea for other productsThe Kremlin says it...
Recession warning in Germany: consumer confidence in the economy plummets due to conflict in Ukraine | City & Business | Finance
Europe's largest economy was already suffering from a number of challenges before Putin's invasion of Ukraine - with a surge...
Oil falls as Europe postpones Russian crude import ban | Oil and Gas News
Markets sold off after the EU and US announced an agreement to reduce reliance on Russian natural gas.By Julia Fanzeres...
Last war in Ukraine: US says Russian forces pushed back in some areas around Kyiv
Hedge fund manager Pierre Andurand believes Russian oil supplies in Europe will disappear in light of Vladimir Putin's warmongering, as...
Russia’s Gazprom says it will continue gas exports to Europe
Markets Update - Yen Falls, Mining Stocks Rise, Wheat Rises, Corn & Soybeans Lower RIYADH: Gains in banks, energy and...
“The unthinkable has happened.” A war on top of a pandemic lends uncertainty to the US economic outlook.
These latest challenges constitute a formidable new test. While government officials and analysts are optimistic the economy will survive the...
Markets worried about Russian debt default
Refund timeToday is the start of what is likely a long Russian debt battle, with $117 million in interest payments...
Crypto: EU proposal seen as de facto Bitcoin ban fails in vote | Crypto News
The Crypto Asset Markets (MiCA) legislation included a clause committing that crypto-assets traded or issued within the bloc would be...
If we buy Putin’s oil, we pay for his war crimes – POLITICO
Anders Fogh Rasmussen is the founder and chairman of Rasmussen Global. He was a security adviser to former Ukrainian President...
Biden and his European allies decide to strip Russia of its commercial status
Biden called the actions "another blow to the Russian economy," which was hit by comprehensive financial sanctions announced following Moscow's...
Peskov says ‘economic war’ is being waged against Russia
Chelsea FC owner Roman Abramovich after his team's victory in the UEFA Champions League final at the Estadio do Dragao...
