Author: staff
Inflation in the U.K. edged lower on the month before, giving some breathing room to a government under severe pressure from soaring borrowing costs. Price rose by 2.5 percent on an annual basis in December, the Office for National Statistics said today, down from 2.6 percent in November. Analysts had expected it to stay at 2.6 percent. Excluding volatile food and energy prices, the annual rate fell more clearly, to 3.2 percent from 3.5 percent. Notably, inflation in services fell to an annual rate of 4.4 percent from 5 percent. Services prices are tightly tied to wages and have been…
The euro has rebounded against the US dollar over the past two trading days on news that the US president-elect may consider a gradual pace of hiking tariffs. However, the trend may be vulnerable to the upcoming US CPI, which is expected to remain sticky in December. The euro-dollar pair, EUR/USD, rebounded after hitting a fresh two-year low of 1.0176 on Monday. By Tuesday, the pair extended gains, maintaining levels above 1.03 in the early hours of Wednesday’s Asian session. The comeback in other currencies against the dollar was broad-based as the greenback retreated sharply following a Bloomberg report that Donald…
“It does underscore how much the U.K. is one part of a much wider, interlinked global phenomenon,” she said. Yang, a former Financial Times journalist, said the government shouldn’t shift policy because of daily market moves driven by news out of Washington. “We’re a medium-sized economy in the global market, so we will always be affected by what happens in the U.S.” she said. “There’s no getting around that.” Andrew Goodwin, chief U.K. economist for Oxford Economics, agreed that market troubles have been triggered by global issues. However, he told POLITICO, the chancellor did make a mistake by limiting her…
During a meeting with NATO allies in Helsinki, Finnish President Alexander Stubb spoke exclusively to Euronews about the new normal of hybrid warfare deployed by Russia. The state of hybrid warfare with Russia has to be considered the new normal, Finnish President Alexander Stubb told Euronews in an exclusive interview featured on Radio Schuman today.Stubb told Euronews’ Shona Murray that he “sleeps quite well at night” knowing Finland’s state of defence is well-prepared, but endorsed the need for more spending on defence, speaking after the Baltic Sea summit in Helsinki.Yesterday, NATO secretary general Mark Rutte pledged to send drones, frigates…
Since a young age growing up in Italy, the workings of the human body have fascinated me — a curiosity that brought me to medical research. I’ve always wanted to help people. And through discovering new medicines, we can potentially help millions of patients. What drives me — and so many other scientists in Europe and around the globe — is a desire to find new therapies that will improve people’s lives, especially in areas where there is currently an unmet need. As a personal example, my passion for psychiatric diseases stems from witnessing the profound suffering they cause not…
Der Unions-Kanzlerkandidat erntet im Wahlkampf seinen ersten Shitstorm. Für seine Äußerung, er glaube nicht daran, dass die Transformation der deutschen Stahlindustrie hin zur Produktion mit grünem Wasserstoff überall und so schnell gelingen könne, hat er nicht nur den Zorn von SPD, Grünen und der IG Metall auf sich gezogen. Auch in der Branche mit 90.000 Jobs und mehr als 55 Milliarden Euro Umsatz sorgt seine Aussage für Stirnrunzeln. Warum Merz mit seiner Skepsis einen Punkt hat, wie er ein wichtiges Thema auf ungeschickte Weise anspricht und weshalb es ein Fehler ist, dabei nicht gleich auf Lösungen zu verweisen, analysiert Gordon…
At least 17 Palestinians killed in Gaza as Israeli airstrikes on the enclave continue as Israel and Hamas appear to narrow in on a ceasefire deal. Israeli airstrikes targeted homes in the Gaza Strip killing at least 17 Palestinians late on Tuesday, according to the Hamas-run Gaza Health Ministry.The bodies of 11 people were brought to Al Aqsa Martyrs Hospital after a strike smashed into a house in Deir al-Balah. Another strike killed six people and wounded seven others in the densely populated Nuseirat refugee camp.The fresh attacks came as Israel and Hamas appeared to be narrowing in on a…
The last time Trump was elected, many in the U.S. and around the world took comfort in the idea that Europe would step into the breach. They declared then-German Chancellor Angela Merkel the true leader of the free world — a role immortalized in an iconic G7 photo where’s she’s flanked by the leaders of the world’s major democracies, looming over a sulking Trump. But today, Europe has based its entire security, economic and political strategy on the existence of an American ally that Trump has now declared extinct. However, a major opinion poll conducted by my organization, the European…
Manfred Weber, president of the center-right European People’s Party to which von der Leyen belongs, had previously said the party was opposed to working with any group that wasn’t “pro-Europe … pro-Ukraine … [and] pro-rule of law.” In Meloni’s case, the Brothers of Italy politician has moderated her anti-EU positions since taking power, giving EPP leaders cover. But the same cannot be said for Orbán or Slovak Prime Minister Robert Fico, who embraces Putin and routinely attacks EU ally Ukraine. As for Kickl, diplomats said he is a “strict ideologue” who may prove harder to manage than Orbán, even if…
6. Proportionnelle et banque de la démocratie, l’attachement au pluralisme Plusieurs propositions institutionnelles, défendues de longue date par le candidat Bayrou, ont resurgi dans sa bouche. “Faire un seul peuple, c’est reconnaître que le pluralisme est légitime”, a-t-il ainsi déclaré. Pour aider au financement des partis politiques et des campagnes électorales, le Premier ministre souhaite relancer la création d’une “banque de la démocratie”, une promesse présidentielle de 2017, jamais concrétisée. De même, l’introduction d’une dose de proportionnelle pour les prochaines élections législatives sera étudiée lors d’une “discussion”, dont ni les modalités ou le calendrier n’ont été précisés. 7. Santé :…