More: European Union
Finance at War: How Conflict Redefines the Global Economy
Summary: Finance has become the new frontline of war. In 2022, sanctions froze over $300 billion of Russian central bank reserves and imposed more...
EU Unites to Phase Out Russian Oil and Gas Imports
NEWS BRIEF
European Union ambassadors have unanimously agreed to advance a landmark proposal to completely phase out Russian oil and gas imports by 2028, clearing...
Germany’s Industrial Output Suffers Sharpest Drop Since 2022, Raising Recession Fears
Germany’s industrial sector faced a significant setback in August, with output plunging by 4.3% compared to the previous month, marking the steepest monthly decline...
Von der Leyen Warns of Escalating Hybrid Warfare Against Europe
European Commission President Ursula von der Leyen warned on Wednesday that Europe is facing an escalating campaign of hybrid warfare, citing recent drone incidents...
Title: Turkey’s Gas Diversification and Its Impact on Russia and Iran’s Energy Influence in Europe
Russia has long been Turkey’s largest gas supplier, but its market share has dropped from over 60% two decades ago to 37% in early...
Pope Leo Urges U.S. Bishops to Confront Trump’s Immigration Crackdown
Pope Leo met with a group of U.S. bishops and social workers from the U.S.–Mexico border at the Vatican on Wednesday, where he voiced...
EU Rolls Out Biometric Border Checks for Non-EU Travelers
The EES is a fully electronic system designed to record the time, place, and biometric data of travelers entering and leaving the Schengen zone....
Dollar Climbs to Two-Month High as U.S. Shutdown Deepens and Global Uncertainty Grows
The U.S. dollar strengthened to its highest level in over two months in early Asian trading on Wednesday, fueled by mounting concerns over the...
Gold Soars Beyond $4,000 as Political Upheaval and Economic Anxiety Grip Global Markets
Global financial markets opened the week in a state of high tension, with investors fleeing to gold amid escalating political uncertainty across Japan, France,...
French Prime Minister Lecornu to Deliver Address Following Resignation Announcement
French Prime Minister Sebastien Lecornu is scheduled to deliver a speech at 9:30 a.m. local time (0730 GMT) on Wednesday at the Matignon Palace,...