Author: staff

Published on 02/06/2025 – 13:29 GMT+2At the time of writing (13:05 CEST), all major European indexes were in the red after China said the US “severely violated” the terms of their recent trade agreement. Market participants also considered the impact of US President Donald Trump’s plan to double current tariffs on steel and aluminium from 25% to 50% from this Wednesday.The EURO STOXX 50 was down 0.68%, Germany’s DAX fell 0.48%, while France’s CAC 40 declined 0.63%. “Donald Trump has upset markets once again,” Russ Mould, investment director at AJ Bell, said in an email note sent to Euronews.“Doubling import…

By Euronews with AP Published on 02/06/2025 – 13:34 GMT+2President Donald Trump is withdrawing the nomination of tech billionaire Jared Isaacman, an associate of Trump adviser Elon Musk, to lead the US’ space agency NASA. “After a thorough review of prior associations, I am hereby withdrawing the nomination of Jared Isaacman to head NASA,” Trump wrote late on Saturday on his social media site, Truth Social. “I will soon announce a new Nominee who will be Mission aligned, and put America First in Space”.The White House did not respond to a request from the Associated Press to clarify what that meant. In response, Isaacman…

UK house prices edged up slightly to 3.5% on an annual basis in May, up from 3.4% in April, according to Nationwide’s latest House Price Index report. This was ahead of analyst estimates of 2.9%, pointing to a still-resilient UK housing market, despite cost challenges following stamp duty threshold decreases at the start of April. On a month-on-month basis, UK house prices jumped 0.5% in May, bouncing back from a -0.6% fall in April. This was more than the 0.1% increase expected by the market as well. The average UK house price was £273,427 (€324,232.5) in May, up from £270,752 (€321,053.7) in…

The checks on fresh produce were yet to be introduced and have been repeatedly delayed amid concerns about disruption they pose to supply chains. Industry figures welcomed the move and said it was “common-sense,” pointing to earlier calculations that the checks would have led to £200 million in higher costs and resulting higher prices. “This Government’s EU deal will make food cheaper, slash bureaucracy and remove cumbersome border controls for businesses,” Biosecurity Minister Helene Hayman said. “A strengthened, forward-looking partnership with the European Union will deliver for working people as part of our Plan for Change.” SPS checks on food…

Published on 02/06/2025 – 11:24 GMT+2•Updated 11:42British Prime Minister Keir Starmer announced on Monday that the UK will build 12 new attack submarines and six new ammunition factories as part of a Strategic Defence Review.The externally-led review outlines 62 recommendations, which the government endorsed in full, including moving the Armed Forces into a state of “warfighting readiness”.”When we are being directly threatened by states with advanced military forces, the most effective way to deter them is to be ready, and frankly, to show them that we’re ready to deliver peace through strength,” Starmer said in Glasgow on Monday. The review,…

Under the previous rule of the Law and Justice (PiS) party, which backed Nawrocki, relationships between Brussels and Warsaw became strained over clampdowns on human rights and backsliding on the rule of law, culminating in the suspension of EU funds for Poland.  Prime Minister Donald Tusk’s centrist government, which took power in 2023, attempted to restore relations and repair democratic institutions, but the previous president from PiS, Andrzej Duda, stood in the way with his veto power. Euroskeptic Nawrocki, who hinted strongly that he would fight any EU federalist tendencies, is poised to continue Duda’s efforts. “I’m confident that the…

Sky News’ Sam Coates and Politico’s Anne McElvoy serve up their essential guide to the day in British politics. This time last year, Labour and the Conservatives were in the throes of an era-defining election campaign that would end in Sir Keir Starmer winning an extraordinarily large majority. The Reform Party was little more than a buzzing bee amid the backdrop of the UK political landscape. Spin forward 12 months, and how much things have changed. June 2025 marks the start of a crucial month for Sir Keir’s Labour Party, with decisions due across a number of departments that will…

Macron successfully broke that duopoly in 2017, when the then-37-year-old campaigned for president on a pro-market, socially liberal platform with the ambition of uniting moderates of all walks of life. His victory was followed by an exodus of both leadership and voters from the Socialists and Les Républicains. Centrists gravitated to Macron and his allies, while hardline voters were drawn to more radical voices — Le Pen on the right, and anticapitalist leader Jean-Luc Mélenchon on the left. The 2022 presidential election proved humiliating for both parties. The conservatives won less than 5 percent of the vote and the Socialists…

In particular, he pushed both parties to support the Commission’s recommendation for a 90 percent reduction in planet-warming emissions and persuaded a reluctant SPD to consent to the use of international carbon credits — a controversial mechanism that would allow the EU to meet part of its 2040 target by paying for climate projects in poorer countries.  Hoekstra was successful: The final coalition agreement, published in early April, endorsed the 90 percent figure provided that foreign carbon credits were included. The support has proved crucial. Germany’s position now serves as the baseline for EU-level discussions, two of the sources said.  “These…

Das noch recht neue Bundestagspräsidium und seine ebenfalls neue Bundestagspräsidentin wollen strenger durchgreifen und für mehr Disziplin sorgen. Zwischenrufe um der reinen Provokation willen, Fragen nach der angemessenen Kleidung oder auch Aufkleber mit Statements auf Laptops beschäftigen die Leitung des Parlaments. Es sind aber auch Ärgernisse wie eine regelmäßig spärlich oder gar nicht besetzte Regierungsbank, die das Präsidium umtreiben. Wie Klöckner und ihre Stellvertreter für mehr Ordnung sorgen wollen, weiß Rasmus Buchsteiner. Im 200-Sekunden-Interview ist Andrea Lindholz (CSU) zu Gast. Die Bundestagsvizepräsidentin erklärt, warum sie sich im Plenarsaal manchmal an einen Hörsaal erinnert fühlt – und wie sie und ihre…