Government bond markets across Europe, Britain and the United States sold off sharply as surging energy prices revived inflation concerns and forced investors to rethink expectations for central bank rate cuts. The escalation of conflict in the Middle East has driven oil and gas prices higher, prompting fears of a renewed energy shock similar to […]
The Green Party has intensified pressure on Britain’s governing Labour Party after securing a decisive election victory in Greater Manchester, a result that has reignited debate over Labour’s political direction under Prime Minister Keir Starmer. Hannah Spencer won the Gorton and Denton parliamentary seat with 40.7 percent of the vote, marking the Greens’ fifth lawmaker […]
The European Union has decided to fast track the provisional application of its long negotiated free trade agreement with the South American bloc Mercosur, triggering strong criticism from France and reigniting tensions within the bloc over agricultural policy and trade strategy. The European Commission confirmed that the agreement could enter into force provisionally two months […]
German Chancellor Friedrich Merz traveled to Beijing this week for talks with President Xi Jinping and senior Chinese officials, marking one of the most consequential diplomatic exchanges between Berlin and Beijing since he took office. The visit comes as Europe reassesses its economic exposure to China while seeking greater strategic resilience. China remains one of […]
The United States has slowed the sale of international assets owned Russian oil producer Lukoil as part of broader efforts to increase pressure on Moscow during ongoing negotiations over the war in Ukraine, according to officials familiar with the discussions. The US Treasury’s Office of Foreign Assets Control is expected to extend a key deadline […]
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 […]
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 […]
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 […]
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 […]
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 […]
