Euro and pound rise against dollar amid ‘Trumpcession’ fears

US currency has lost all the gains it enjoyed since Trump won election and hits lowest level since mid-OctoberBusiness live – latest updatesThe euro and the pound have risen against the dollar to their highest level since the week of the US election, a…

Here’s Britain’s pitch to Donald Trump on a new tech pact

The U.K. hopes teaming up with the U.S. on advanced tech might help avoid the president’s tariff wrath.

ECB resistance wavers as pressure mounts to seize Russian assets

ECB President Christine Lagarde has reiterated the central bank’s cautious stance, but opposition is growing at the Russian frontier.

Canada’s Liberal Party picks Mark Carney to replace Justin Trudeau

The former central banker used his leadership victory speech to warn Canadians that Donald Trump wants to “destroy our way of life.”

EU poised to back return of Russian gas for Slovakia

Calling for a resumption of Ukraine gas transit flies in the face of pledges to cut off funding for Moscow’s war.

Germany’s spending bazooka propels euro, borrowing costs higher

The euro surged against the dollar in early trading on Wednesday.

Trump wants to destroy the EU — and rebuild it in his image

Donald Trump won’t deal with the EU. The EU can’t deal with Trump. 

Macron’s told-you-so moment

Trump vindicated the French president on self-reliant defense. But with Putin looming, the hard work starts now for Europe.

Trump wants a trade deal with Britain ‘very soon’

US president tells POLITICO: “I think we could very well end up with a real trade deal where the tariffs wouldn’t be necessary.”

Minerals deal will only succeed if Trump offers security guarantees, Zelenskyy says

Ukrainian president will visit Washington Friday for a “framework” deal, but Kyiv warns it is only a first step.

Zelenskyy refuses to sign Trump’s rare earths deal — but official says pact is close

“Nearly all key details finalized,” says Ukrainian deputy PM about the controversial minerals agreement.

‘No thank you’: OpenAI founder rejects Elon Musk’s reported bid to buy nonprofit

The offer is the latest skirmish between the two tech titans.

Inside USAID’s undoing

Aides to the president and Elon Musk suspected USAID officials were trying to go around a funding freeze.

What does Trump really want from Canada?

“The current game is maximum chaos,” one industry leader says of the current state of Canada-U.S. relations

Trump wants to tax the world

The U.S. president sees tariffs not just as a way to reverse trade deficits, but also as a means of reducing domestic income tax. He may find neither are likely to work according to plan.

Stocks tumble and dollar surges as Trump unleashes trade war

The U.S. currency surged across the board, while stock futures plunged on the first full day of trading since Trump slapped tariffs on imports from China, Canada and Mexico.

US, EU and UK stock markets hit by global trade war fears as JPMorgan says Trump administration may be ‘business unfriendly’ – business live

European markets fall as Trump says EU tariffs will ‘definitely happen’, but stocks recover after Mexican tariffs delayed by a monthTrump pauses plan to impose 25% tariff on Mexico after Sheinbaum agrees to deploy troops to southern US border – liveHer…

Boosting EU demand and a stronger euro would prevent trade war

With Trump imposing tariffs on Mexico, Canada and China, finding ways to avert a trade war between the U.S. and Europe must be a priority.

Canada hits back against Trump tariffs: “We will not back down”

Prime Minister Justin Trudeau says Canada is ready to respond with 25 percent tariffs against C$155 billion worth of American goods.

Trump is wreaking havoc at USAID. Is the goal to shut it down?

The president’s failure to name a USAID administrator and other steps seem to suggest that, at the very least, he’ll fold USAID into the State Department.

FIFA launches fervent defense of Saudi Arabia World Cup in letter to EU lawmakers

MEPs had criticized the world football governing body for awarding the 2034 tournament to the Gulf petromonarchy.

Shell investors in line for multibillion-dollar windfall despite weak profits

A 4% dividend increase alongside share buybacks of $3.5bn for last three months of year awaits shareholdersBusiness live – latest updatesShell has given its investors a multibillion-dollar windfall despite reporting weaker-than-expected profits of $23….

Ukraine is pinning hopes on Putin exasperating Trump

Washington and Kyiv are holding fast to separate assumptions about the prospect of ending the ongoing war — but both could be wrong.

Trump vs. Xi: Who Will Win the Trade War?

Donald Trump launched a two-year trade war against China during his first term in the White House, and he’s poised to do it again. Even before being sworn in, Trump threatened China with 60 percent tariffs to cut its trade surplus, 10 percent tariffs if it didn’t halt fentanyl shipments and 100 percent tariffs if […]

Musk trolls Trump’s €500B AI mega plan

The tech billionaire and close ally of the U.S. president sniped at one of the White House’s first major proposals.

Trump announces $500B AI investment

AI development is a significant part of the Trump administration’s tech policy proposals.

Navarro says Trump laying foundation for tariffs to come

The White House trade adviser also urged Canada and Mexico to address Trump’s border concerns.

Relief for Reeves as UK inflation falls slightly in December

The Office for National Statistics said cooling in the restaurants and hotels sectors contributed to the slowdown in price increases.

Mark Carney tees up campaign to replace Justin Trudeau

Mark Carney is ready to launch his campaign to replace Justin Trudeau as Liberal leader and prime minister of Canada. Carney, a banker comfortable with the Davos set, showed up on “The Daily Show” Monday night, casting himself as an “outsider.” Carney, who has served as governor of central banks in Canada and the U.K., tested his […]

Forget Elon Musk — here’s what’s really terrifying the UK government

A return to austerity was not in Keir Starmer’s plans — and it risks shredding Labour’s credibility while populists snap at its heels.

Trump’s ‘51st state’ comments a distraction from tariffs, Canada’s retaliation plans, Trudeau says

Prime Minister Justin Trudeau says he’s ready to respond with tariffs on US products.

What California can learn from the place that invented the initiative

Our California ballot-measure reporter heads to Switzerland on the 150th anniversary of its first federal referendum to see what a state mad about direct democracy can take away from the country that devised i

‘It’s a sign of impending wars’: Why a tense world is betting on gold

Amid rising uncertainty and fading trust in the global order, central banks are scrambling to stock up on an old but trusty asset — and speculators are joining them for the ride.

Trump taps billionaire Houston Rockets owner Tilman Fertitta as Italy ambassador

Fertitta has never held political office but is a longtime GOP donor — including to Trump’s Save America PAC.

Europe’s economic apocalypse

Stagnation, flagging competitiveness, Donald Trump — the continent is facing “an existential challenge.”

Why Europe’s health policies must prioritize chronic kidney disease

Undetected Chronic Kidney Disease affects millions in Europe, but it could be preventable, manageable and tackled with the right policies.

Do Syria’s liberators still deserve the terrorist label?

Assad’s downfall was met with unbridled joy and relief among Syrians and Syria’s expatriate community.

TikTok defiant after US court upholds law to force its sale

TikTok signals it will appeal after a federal court sided with the Justice Department and upheld a law to force its sale or ban it. But Donald Trump could offer a way out.

Trump picks David Perdue to be ambassador to China

The former senator has significant business experience in Asia, including China.

Europe in the line of fire as Trump threatens trade war with China

Trump’s punitive tariffs would put Brussels under pressure to cut a defensive deal to fend off a glut of Chinese exports.

Ukraine war briefing: Zelenskyy delegation meets with Trump team – report

Top Ukrainian presidential aide Andriy Yermak involved, sources tell Reuters; Sullivan calls on Trump to maintain defence production ramp-up. What we know on day 1,016A Ukrainian delegation met on Wednesday with senior representatives of Donald Trump, …

Trump threatens BRICS nations with 100 percent tariff

Trump also said in his post that the countries “can go find another “sucker!” There is no chance that the BRICS will replace the U.S. Dollar in International Trade, and any Country that tries should wave goodbye to America.”

Ukraine war briefing: US urges Zelenskyy to lower conscription age to 18

Biden administration readying another $725m in arms for Kyiv; Zelenskyy to approve tax increases for defence funding. What we know on day 1,009 A senior official in Joe Biden’s administration has told the Associated Press that the US is urging Ukraine…

Ruble tumbles as Russia’s war economy comes under increasing strain

New sanctions package closes one of the last conduits of hard currency to Moscow.

Russia’s rouble plunges to lowest rate since early weeks of Ukraine war

Rouble hit 110 against the dollar after US introduced sanctions against Gazprombank, Russia’s third largest bankRussia’s rouble has plunged to its lowest rate against the dollar since the early weeks of the full-scale invasion of Ukraine in the wake of…

‘A shot at the bow’: Trump puts trading partners on notice

For now, the financial markets are taking the president-elect’s tariff threats seriously, if not literally.

Italy’s Albania asylum deal has become a political disaster for Giorgia Meloni

Pact hailed as EU migration breakthrough in tatters after judges rule asylum seekers must be transferred to ItalyA multimillion-dollar migration deal between Italy and Albania aimed at curbing arrivals was presented by the European Commission president…

Dead drops, PR stunts and punishment beatings: the rapid rise of Russia’s powerful darknet drug industry

Tech-savvy organised crime groups profiting from billion-dollar enterprise that is spreading beyond Russian bordersAt any one moment in towns and cities across Russia, thousands of drug packages lie buried in the ground, attached by magnets to lamp-pos…

Just Eat Takeaway to sell US arm Grubhub in cut-price deal

Netherlands-based firm offloads unit to fast casual restaurant chain Wonder for $650m four years after buying it for $7.3bnThe food delivery company Just Eat Takeaway is selling Grubhub to the delivery-focused restaurant chain Wonder for $650m (£510m),…

Trump est de retour, et voici ce que cela signifie pour l’Europe

De l’énergie au commerce en passant par la finance et la défense, voici les conséquences que risque d’avoir la seconde présidence de Donald Trump sur la politique de l’UE.

Bank of England prepares to cut rates despite U.S. election turmoil

Analysts see a 25 basis point cut as the most likely result tomorrow, but political uncertainty clouds the outlook going forward.

Who might make up Trump’s Cabinet

Donald Trump didn’t engage in formal conversations about a potential Cabinet in the run-up to his election. But that didn’t stop him from spitballing potential contenders during his frequent plane rides to campaign events, or when he is impressed by one of his allies on television. “He would be great at this,” or “She would […]

Euro and pound tumble as Trump storms to victory — stocks don’t know whether to laugh or cry

Big gains for defense and health stocks, but it’s a bleak day if you’re driving the green transition — or lending to Mexicans.

Trump’s in. Here’s what it means for Europe.

From energy and trade to finance and defense, here’s how Donald Trump’s second presidency will impact EU policy.

Wall Street and bitcoin soar to record highs as Trump wins US election

Dollar up and renewable energy stocks down, while shares in president-elect’s media business rise by more than a thirdAnalysis: Trump policies mean higher pricesBusiness live – latest updatesUS election 2024 – live news updatesWall Street and bitcoin r…

Britain’s art-loving elite fumes at money laundering crackdown

Experts fear tough rules for the art world — meant to root out criminals — will send business to New York and Hong Kong.

Commission mulls transferring Russian assets to fortify €45B Ukraine loan

The move would protect Belgium-based Euroclear from retaliatory seizure by Moscow.

What Boris Johnson can teach the EU about restoring nature

The European Commission hopes capitalism can help solve the biodiversity crisis. Britain might have the answer.

Musk’s reported contacts with Putin trigger anxiety in Washington

The Democratic lawmakers join NASA chief Bill Nelson in calling for a confirmation of bombshell report revealing alleged regular contact between the mogul and Moscow.

Why Donald Trump went to war with UK’s Keir Starmer — over a LinkedIn post

A networking post triggered a chain of events that risks damaging a delicate relationship.

Putin calls for alternative international payment system at Brics summit

Russian president’s goal to de-dollarize world economy alarms members that do not want bloc to turn against westVladimir Putin has opened the expanded Brics summit by issuing a call for an alternative international payments system that could prevent th…

Moldova and Georgia ring alarm bells for the EU

Moscow is willing to put big money into bribes and disinformation in its battle for influence with the EU in former Soviet republics.

Meloni rushes to pass new law to save Albania migration transfer policy

Move by Italy’s PM comes after ruling by a Rome court to return 12 asylum seekers being held in Gjadër hubItaly’s prime minister, Giorgia Meloni, said her government is working to immediately pass a new law on Monday to overcome a court ruling that ris…

Most of Europe is fine without Russian gas

But the end of the supply contract through Ukraine at the end of this year could prove costly for Austria, Slovakia and Hungary.

Bitcoin creator is Peter Todd, HBO film says

Documentary claims a Canadian developer is the real Satoshi Nakamoto.

Mystery creator of Bitcoin identified, new HBO documentary claims

The revelation could send shockwaves through cryptocurrency markets and beyond.

BoE governor hits back at Liz Truss’ ‘deep state’ claims

Andrew Bailey said the Bank of England’s only agenda is “trying to run an institution to its maximum effectiveness.”

Trump says ‘violent day’ of policing will end crime

The remarks at a campaign rally Sunday did not amount to a policy proposal allowing police retaliation, the former president’s campaign said.

Russia-Ukraine war live: Zelenskyy condemns Russian attack on hospital as death toll rises

Ukraine’s interior minister said one person killed in initial attack before the site was hit again during the evacuation Russia has filed “pre-trial claims” against Denmark, Germany, Sweden and Switzerland over the Nord Stream pipeline explosions, accu…

World leaders tout AMR declaration, while NGOs sigh

SNEAK PEEK — Leaders have agreed to a political declaration on antimicrobial resistance. NGOs are disappointed, but is it really so bad? — The World Health Organization has allied with TikTok to curb the spread of health misinformation. — What will it take to be prepared for the next pandemic? It’s not looking good, Gastein […]

PMI data: eurozone business activity drops sharpy, technical recession ‘baked in’ for Germany

* Euro zone business activity weaker than expected * German economy likely in recession, survey shows * Euro falls sharply on bets of further interest rate cuts (Adds bullet points, euro reaction in paragraph 3, bond market reaction in 10, details from…

Russia-Ukraine war: Zelenskyy says Ukraine ‘victory plan’ depends on decisions by allies this year – as it happened

Ukrainian president tells press conference with Ursula von der Leyen that Ukraine plans to use EU loan for air defence, energy and weapons purchasesUkraine’s “victory plan” in the war against Russia depends on quick decisions being taken by allies this…

Selenskyj will Trump und Harris für „Siegesplan“ gewinnen

US-Politik für Sie entschlüsselt. Jeden Tag in Ihrem Postfach. Im Browser anzeigen oder hier anhören von JAKOB HANKE VELA Mit CARLOTTA DIEDERICH DIE TOP-THEMEN — UKRAINE-KRIEG:  Wolodymyr Selenskyj reist in die USA, um Joe Biden, Kamala Harris und Donald Trump von seinem „Siegesplan“ zu überzeugen. — CHINA-BEDROHUNG:  Die Navy will ihre Einsatzbereitschaft erhöhen, um einem […]

When UK party conferences go wrong

Despite the best efforts of party bigwigs, Britain’s annual gatherings of political animals frequently descend into chaos.

Kamala Harris hat ein Industrie-Problem

US-Politik für Sie entschlüsselt. Jeden Tag in Ihrem Postfach. Im Browser anzeigen oder hier anhören von JAKOB HANKE VELA Mit CARLOTTA DIEDERICH DIE TOP-THEMEN — HARRIS UND DIE INDUSTRIE: Die Demokratin könnte in Swing States, die stark industrialisiert sind, Wähler verlieren, befürchten ihre Parteifreunde.  — NEUE UMFRAGEN: Trump führt in Georgia, Harris in Pennsylvania. — […]

UK inflation unchanged in August, cooling rate cut hopes

A sharp rise in airfares and the strength of the housing market kept inflation at 2.2 percent.

Secret Service nach Trump-Mordversuch in der Kritik

US-Politik für Sie entschlüsselt. Jeden Tag in Ihrem Postfach. Im Browser anzeigen oder hier anhören von JAKOB HANKE VELA Mit CARLOTTA DIEDERICH DIE TOP-THEMEN — SECRET SERVICE IN DER KRITIK: Abgeordnete und Sicherheitsexperten kritisieren nach dem erneuten Mordversuch an Trump die Behörde, die mit dem Personenschutz von Präsidenten betraut ist. Präsident Joe Biden fordert mehr […]

Trump nach versuchtem Attentat ‚wohlauf‘

US-Politik für Sie entschlüsselt. Jeden Tag in Ihrem Postfach. Im Browser anzeigen oder hier anhören von JAKOB HANKE VELA Mit CARLOTTA DIEDERICH DIE TOP-THEMEN — TRUMP NACH SCHÜSSEN IN SICHERHEIT: Mehrere Schüsse fielen am Sonntag in der Nähe von Donald Trump. Der ehemalige Präsident ist in Sicherheit, ein Verdächtiger in Gewahrsam. — CHINA-SCHLUPFLOCH ZU: Präsident […]

Trump will kein zweites Duell gegen Harris 

DIE TOP-THEMEN — KEIN ZWEITES DUELL: Trump will keine Revanchepartie gegen Kamala Harris und gibt bekannt, er werde nicht nochmal mit ihr debattieren. — ZINSSENKUNG: Donald Trump gerät wegen der geplanten Zinssenkung der US-Notenbank in Konflikt mit seinen republikanischen Parteikollegen geraten, die die Unabhängigkeit der FED bewahren wollen. — SOLARENERGIE: Das Energieministerium kündigte gestern eine […]

ECB cuts interest rates again as inflation cools

The central bank has trimmed its growth forecasts owing mainly to weak domestic demand.

Haushaltsstreit spaltet Republikaner

US-Politik für Sie entschlüsselt. Jeden Tag in Ihrem Postfach. Im Browser anzeigen oder hier anhören von JAKOB HANKE VELA Mit CARLOTTA DIEDERICH DIE TOP-THEMEN — HAUSHALT: Kurz vor der Abstimmung zieht Sprecher Mike Johnson eine geplante Übergangslösung für den Haushalt zurück. — TV-DUELL: Kamala Harris’ überzeugender Auftritt beschert den Demokraten im Wahlkampf neuen Auftrieb. — […]

Harris schlägt Trump im TV-Duell

US-Politik für Sie entschlüsselt. Jeden Tag in Ihrem Postfach. Im Browser anzeigen oder hier anhören von JAKOB HANKE VELA Mit CARLOTTA DIEDERICH DIE TOP THEMEN — TV-DUELL: Donald Trump war gegen Kamala Harris die meiste Zeit in der Defensive, tappte in die Ego-Falle. Dann gab auch noch eine der berühmtesten US-Stars ihre Unterstützung für die […]

Harris vs Trump im TV-Duell

US-Politik für Sie entschlüsselt. Jeden Tag in Ihrem Postfach. Im Browser anzeigen oder hier anhören von JAKOB HANKE VELA Mit CARLOTTA DIEDERICH DIE TOP-THEMEN — TV-DUELL: Kamala Harris bereitet sich in einem nachgebauten TV-Studio auf den wichtigsten Termin im Wahlkampf vor. — GOOGLE-ZERSCHLAGUNG: Die Biden-Regierung will in einem letzten großen Gerichtsverfahren Google zerschlagen lassen. — HAUSHALTSSTREIT: Republikaner […]