Author: staff

The numbers are a sign that Trump’s policies may be starting to chip away at the global trade deficit, which the president views as a key problem for the U.S. economy. And tariffs were not yet pushing prices higher for consumers in April, in a boon to Trump. “I would argue this is exactly what the administration laid out, and this is so far what is playing out,” Joe LaVorgna, the chief economist at SMBC Nikko Securities and a former Trump economic adviser, said on CNBC. Though the drop-off in spending could be an indication that the economy is slowing,…

Hegseth previously told delegates at the Singapore conference that “we’re pushing our allies in Europe to own more of their own security — to invest in their defense.” “Thanks to President Trump, they are stepping up,” Hegseth said. He described Poland and the Baltic States as “model allies.” Pointing to divisions within Europe over military spending, Kallas said “some of us have realized a long time ago that we need to invest in defense.” “The European Union has shifted gear and reimagined our own paradigm as a peace project backed up with hard defense,” she said. European countries formally adopted…

On Wednesday and Thursday, two separate courts destroyed the legal basis of Trump’s so-called reciprocal tariffs on some 60-odd countries and the EU. An appeal in the first case reinstated the tariffs — at least while the legal process drags on. The case might ultimately end up in front of the Supreme Court. “This hopefully means that we can get a more constructive approach and not just a unilateral request of concessions, which we just can’t accept,” Benifei added, referring to American demands that tech, food and product safety regulations be curbed. As the twists and turns of the trade…

One of the most effective ways to achieve a comfortable lifestyle is by developing multiple streams of income.Recent research by Sage reveals that 32% of 24–44-year-olds have a second job, alongside 28% of those aged 45–54. Meanwhile, 68% of 16–34-year-olds report having multiple income streams or side hustles in addition to their main employment.Euronews spoke to financial influencer Jenny Okpechi (@savvymoneygirl) about how she built a multiple six-figure investment portfolio – and why she believes it’s crucial for young people to start investing early.Building a multiple six-figure portfolioWhile a multiple six-figure portfolio might sound impressive, Okpechi emphasised that her success…

The presidential race will have a big say on whether Poland plays in the EU’s big league or if it retreats back into isolation alongside other populist-governed countries in Central Europe like Hungary and Slovakia. During PiS’s eight years in power it got into fights with the EU and other allies over efforts to politicize the justice system, attacks on LGBTQ+ rights, tightening abortion rules and using state money for party aims. However, it also directed a deluge of money toward poorer voters and gave often-ignored people from smaller towns and villages a sense that their more conservative values were…

By Euronews Georgia Published on 30/05/2025 – 20:58 GMT+2Police in Georgia have detained a second opposition leader within days as protests against the ruling Georgian Dream party and its perceived Russia-friendly stance continue in the South Caucasus country.Lawyers for Nika Melia, one of the figureheads for Georgia’s pro-Western Coalition for Change, said his car was stopped by police on Thursday.Soon after, he was bundled away by a large group of people in civilian clothing.According to the interior ministry, Melia has been detained on charges of verbally insulting a law enforcement officer.A court placed Melia in pre-trial detention but the length of…

While Wadephul stressed Israel’s right to defend itself — “also with German weapons systems,” including against the Houthis in Yemen, Hezbollah in Lebanon, or Iran — he sharply criticized the humanitarian situation in Gaza, where Israel has been waging war on Hamas militants in retaliation for a violent attack in October 2023. “The aid deliveries reaching Gaza are just a drop in the ocean,” he said. “This is about ensuring basic human rights. The sick, the weak, and the children are the first to die.” “As a consequence,” Wadephul added, “we have changed our tone — and will likely change…

Carbon credits are meant to work like this: One country — say, an EU member — pays for a project that reduces emissions in another country (usually a poorer nation), for example, a solar farm that replaces polluting coal-fired power. But instead of the country hosting the solar farm counting the reduction toward its own target, the EU country would get the credit. In practice, such transactions have often failed to produce documented emissions cuts, but a new United Nations-backed framework finalized last year has raised hopes that future credits will be better regulated. The Commission was due to present…

For decades, Adams has been identified in every credible history of the Irish republican movement as a Provisional IRA commander since at least 1972, when British authorities freed him from prison to participate in the Provisionals’ first face-to-face truce talks with U.K. government ministers in London. The Irish government, citing its own security services, says Adams stepped down from the IRA’s ruling “army council” only in 2005 when the group formally renounced violence and disarmed. Yet Adams has insisted he was never in the IRA — a position repeated at the end of each episode of Disney’s recent acclaimed series…

By Shona Murray & Jesse Dimich-Louvet Published on 30/05/2025 – 16:31 GMT+2•Updated 16:35EU Commissioner for the Environment and Water Resilience, Jessika Roswall, says “anyone who wants to join in solidarity with the LGBTQ community in Hungary should do so.” She was responding to the Hungarian government’s decision to ban Gay Pride parades, a decision that has been heavily condemned by a majority of EU member states including France, Germany and Spain.”The European Union is built on values, which, of course, we all stand behind, and this is the pressure we are in this union of – one of the key things is…