Global Economy
February 26, 2026
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Europe vs America Economic Debate Highlights Complex Growth Comparisons

A renewed debate over the relative performance of the United States and European economies is challenging the widespread narrative that Europe is falling sharply behind America. Economist Paul Krugman has revisited the comparison between the two economic blocs, arguing that common interpretations of growth statistics may give a misleading picture of relative prosperity. His analysis […]

Global Economy
February 26, 2026
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Consumer Confidence Falls in February as Economic Climate Shows Slight Improvement

Consumer confidence in Portugal declined in February, reversing gains recorded in the previous two months, according to the latest business and consumer surveys released the Instituto Nacional de Estatística. The national statistics office reported that the consumer confidence indicator decreased during the month, signalling growing caution among households regarding their financial outlook and broader economic […]

Global Economy
February 25, 2026
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US Tariff Rates to Rise to 15 Percent or Higher for Some Countries, Trade Representative Says

The United States is preparing to raise tariff rates to 15 percent or higher for certain trading partners, according to US Trade Representative Jamieson Greer, marking a new phase in Washington’s evolving trade policy. Speaking in media interviews, Greer confirmed that the current 10 percent tariff level imposed under temporary measures could be increased for […]

Global Economy
February 25, 2026
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Ukraine Says More Than 1,700 Africans Fighting for Russia as Recruitment Concerns Grow

Ukraine has stated that more than 1,700 African nationals are currently fighting alongside Russian forces in the war, raising concerns about recruitment practices and the broader geopolitical implications of the conflict. Ukrainian Foreign Minister Andrii Sybiha made the claim during a joint appearance in Kyiv with Ghana’s Foreign Minister Samuel Okudzeto Ablakwa. According to Ukrainian […]

Global Economy
February 23, 2026
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Trump Warns Trading Partners of Higher Tariffs After Supreme Court Blocks Emergency Duties

U.S. President Donald Trump warned on Monday that countries seeking to withdraw from recently negotiated trade agreements with Washington could face significantly higher tariffs, following a Supreme Court ruling that struck down his emergency duties. In a series of social media posts, Trump said that while the court invalidated his tariffs imposed under the International […]

Global Economy
February 23, 2026
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EU Foreign Policy Chief to Propose Lifting Sanctions on Venezuela’s Delcy Rodríguez

European Union foreign policy chief Kaja Kallas has announced plans to propose lifting sanctions on Venezuela’s interim president, Delcy Rodríguez, marking a potential shift in Brussels’ stance toward Caracas. The announcement follows recent political developments in Venezuela, including the passage of a limited amnesty law the Venezuelan National Assembly last week, which granted clemency to […]

Global Economy
February 23, 2026
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Chad Closes Border With Sudan After Clashes Kill Five Soldiers

Chad has closed its eastern border with Sudan following deadly weekend clashes linked to Sudan’s ongoing civil war, after five Chadian soldiers were killed in fighting near the frontier town of Tine. Officials in N’Djamena confirmed that the decision was taken as a security precaution after violence on Saturday left five soldiers dead and several […]

Global Economy
February 19, 2026
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American Tourism to France Surges in 2025 Despite Political Strains

More than five million Americans travelled to France in 2025, marking a 17 percent increase compared with the previous year, even as political tensions between Washington and Paris intensified. According to France’s tourism authorities, the country welcomed a record 102 million foreign visitors in 2025, up from 100 million in 2024, when Paris hosted the […]

Global Economy
February 19, 2026
22 views 3 mins 0

US Pressures IEA to Drop Net Zero Agenda or Face Withdrawal

The United States has warned the International Energy Agency that it could withdraw its membership unless the Paris based body shifts away from its support for net zero emissions targets, escalating tensions between Washington and several European governments over the direction of global energy policy. Speaking at a ministerial gathering, US Energy Secretary Chris Wright […]

Global Economy
February 17, 2026
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European Markets Close Higher as Munich Security Talks Boost Defence Focus

European stock markets ended Monday in positive territory as investors assessed the geopolitical signals emerging from the Munich Security Conference and monitored corporate developments across the region. The pan-European Stoxx 600 index edged higher the close, with most major bourses finishing the session in the green. Germany’s DAX advanced close to one percent, while France’s […]