Author: staff
Asked whether he was done with Vladimir Putin, the American president said: “I’m disappointed in him, but I’m not done with him.” Listen AI generated Text-to-speech Share
By AP with Eleanor Butler Published on 15/07/2025 – 7:31 GMT+2•Updated 7:32China’s economy slowed in the last quarter as President Donald Trump’s trade war escalated, but it still expanded at a robust 5.2% pace, the government said Tuesday.That compares with 5.4% annual growth in January to March. The government said Tuesday that in quarterly terms, the world’s second largest economy expanded by 1.1%.In the first half of the year, the Chinese economy grew at a 5.3% annual pace, the official data shows. However, some analysts said actual growth may have been significantly slower.Zichun Huang of Capital Economics noted that investments in…
Questions have also been raised, notably by Mediobanca, over the role played by the billionaire Francesco Gaetano Caltagirone and Delfin, the holding company of late billionaire Leonardo del Vecchio. Both hold shares in MPS and Mediobanca and have long tried to influence the investment bank. MPS formally launched its public exchange offer on Monday, and Mediobanca will have until September to decide. “We are witnessing a dirigiste administration that, in a manner reminiscent of Soviet-style governance, applies one set of rules to its allies and another to those who operate independently of political influence,” Pedullà told POLITICO. “The contrasting treatment…
The US is pitching the creation of a new advisory body for the Digital Markets Act (DMA) involving those companies subject to enforcement of the regulation a voice, in the context of negotiations over an EU-US trade deal, according to three sources familiar with the matter. The EU will never accept the idea however according to two of the sources.On Saturday, Trump posted a new set of letters to his social media platform Truth Social, declaring 30% tariffs on the EU and Mexico starting 1 August, a move that could cause massive upheaval between the United States and two of its biggest…
In Plato’s cave, humans watch silhouettes flicker on the wall, unaware that fires just behind them are distorting reality into a shadow world – not unlike the world we find ourselves in today, aided by social media and artificial intelligence (AI), argues the former Greek prime minister George Papandreou.According to Plato’s scenario, if someone escaped the cave, their eyes would be overwhelmed by the sunlight, but once adjusted, they would see the world for what it truly is. However, the escapee would not be able to rescue the others, because they would be unable to convince them to leave the…
Die geplatzte Richterwahl bleibt politisch explosiv: Zwischen Rückzugsforderungen und Verteidigungslinien ringt die Koalition um Haltung – und um Mehrheiten. Eine angekündigte schriftliche Erklärung der Kandidatin, Jens Spahns ungewohnt selbstkritische Mail und eine zunehmend nervöse CDU-Fraktion machen deutlich: Die Verfassungsrichterwahl hat die politische Sommerpause längst torpediert. Gordon Repinski spricht mit Rasmus Buchsteiner über die neuen Dynamiken bei CDU/CSU Und er spricht mit Hendrik Hoppenstedt, Parlamentarischer Geschäftsführer der Union, im 200-Sekunden-Interview, der offen einräumt: Eine Mehrheit für Brosius-Gersdorf ist für ihn „schwer vorstellbar“ Transatlantisch sorgt Donald Trump für neue Überraschungen: Nach Monaten der Zurückhaltung kündigt er neue Waffenlieferungen an die Ukraine an…
Published on 15/07/2025 – 5:23 GMT+2Workers began excavating the site of a former church-run home for unmarried woman and their babies in western Ireland on Monday, in a long-awaited effort to recover the remains of around 800 infants and young children who died there. The excavation at the former Bon Secours Mother and Baby Home in Tuam, County Galway, marks another step in Ireland’s reckoning with the legacy of abuse in church-run institutions in what was once an overwhelmingly Roman Catholic country. The home was operated by an order of Catholic nuns until its closure in 1961. It was one of many…
Other analysts say Brussels must be even more ambitious if the EU is to meet the moment. According to Zsolt Darvas, one of the authors of a new study from the Bruegel think tank, the MFF spending envelope needs to double, more or less, to take account of the need for financing the climate transition and paying off its Covid-19 debts. “The European Union faces growing pressure to deliver on priorities that are increasingly European in nature,” the Bruegel study concluded. “Challenges including the climate and digital transitions, competitiveness, economic resilience, defence, migration management and foreign policy go beyond national…
But those 90 days have come and gone. And in that time, Trump has finalized just two interim deals, one with Vietnam and one with the U.K., and most of their details are yet to be finalized let alone negotiated. (A third “deal” with China was really only a ceasefire in the escalating war of tariffs, export controls and sanctions, effectively returning the situation to where it was in early April). All the while, many countries are still scrambling to get a deal before the end of July, including the EU, Canada, Japan, Mexico, and all the other countries that…
Then comes machinery, followed by cars and car parts; chemicals and plastics; medical devices and equipment; electrical equipment; and industrial goods — all of which fall into multibillion-euro categories. The total figure is down from an earlier proposal to impose retaliatory tariffs on €95 billion of U.S. goods. The European Commission presented the new hit list on Monday after Trump dramatically raised the trade stakes last weekend by threatening to impose a 30 percent blanket tariff on EU exports from Aug. 1 if no trade deal is reached. The Commission also explains to EU countries that its rationale for targeting U.S.…