Eu Economy
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Financial Times - World
Italian PM Meloni condemns EU’s green rules for struggling auto industry
Prime minister calls ban on new fossil-fuel engines from 2035 ‘self-destructive’Yesterday -
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MarketWatch - Business
The U.S. economy is strong by one measure. Why the Fed is set to lower borrowing costs anyway.
A giddy Wall Street projects the Federal Reserve will dramatically reduce interest rates over the next year, even though the U.S. economy seems to be growing rapidly. Odd? Not at all, economists say.Yesterday -
ABC News - World
Hungary refuses to pay fines for breaking EU asylum rules. Brussels is taking the money anyway.
The European Union has begun the process of clawing back hundreds of millions of euros in funds meant to go HungaryYesterday - European Union -
ABC News - World
EU warns deadly flooding and wildfires show climate breakdown is fast becoming the norm
The European Union's head office is warning that devastating floods through much of Central Europe and deadly wildfires in Portugal are joint proof of a “climate breakdown” that will become the ...Yesterday - Climate -
Financial Times - Business
Google wins appeal against €1.5bn EU competition fine
EU’s General Court annuls financial penalty against search giant in legal victory for Big Tech in the blocYesterday - Google -
CNBC - Business
Ray Dalio names the top five forces shaping the global economy
Speaking at the Milken Institute's Asia Summit in Singapore, the founder of Bridgewater Associates said the five factors are interrelated and often cyclical.Yesterday -
Financial Times - World
Meta faces hefty EU antitrust fine over classified ads practices
Brussels claims Facebook is breaking the law and undermining rivals with its free Marketplace servicesYesterday - European Union -
The Guardian - World
UK’s ‘not for EU’ meat and dairy labelling plan postponed indefinitely
Policy devised under Conservatives will be reviewed after warnings of chaos for producers and suppliers. Government plans to force food manufacturers to put “not for EU” labels on all meat and ...Yesterday -
CNBC - Business
Oil stares at a bleak future as China's economy sputters. The good news: A market 'bust' is unlikely
Lower oil prices were the dominant theme in Asia's largest oil conference. The question was not whether oil will go lower, but mostly by how much will it decline in the coming years.Yesterday - China -
NBC News - Politics
Harris talks economy, Trump comments about immigrants in Ohio in NABJ event
Vice President Harris spoke at a discussion hosted by the National Association of Black Journalists in Philadelphia on Tuesday, weeks after former President Trump questioned her racial identity at ...Yesterday - Donald Trump -
MarketWatch - Business
The second-largest economy in the world just raised its retirement age. American workers should take notice.
The U.S. is facing a similar retirement crisis, and there’s no easy solution.Yesterday -
Financial Times - Business
EU competition chief warns against weakening rules to create champions
Margrethe Vestager’s comments come as successor told to be ‘more supportive’ of companies2 days ago - European Union -
CNBC - Business
Latinas contributed $1.3 trillion to U.S. economy, new report says. That number could be even bigger
A recent report funded by Bank of America revealed that Latinas contributed $1.3 trillion to U.S. GDP in 2021, and some economists think it could be more.2 days ago -
ABC News - World
EU's top diplomat warns 'tomorrow is already too late' for Israel-Hamas cease-fire
The European Union’s top diplomat is warning that every day that passes without a cease-fire in the Israel-Hamas war risks the lives of the hostages held by the militants and the lives of those in ...2 days ago - Israel -
The Guardian - World
Brexit deal ‘stifling’ UK-EU trade; German investor morale tumbles – business live
EU-UK trade deal continues to hurt trade with 27% drop in exports since 2021 reports Aston University. UK’s post-Brexit checks on fruit and vegetables delayed for a third time Here’s Peter ...2 days ago - Germany -
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MarketWatch - Business
Retail sales rise again and show U.S. economy still on solid ground ahead of Fed rate cut
Sales at retailers rose slightly in August in a sign of resilience among U.S. households, suggesting the U.S. economy is still on solid footing as the Federal Reserve plots to cut interest rates.2 days ago - Federal Reserve -
ABC News - World
EU chief unveils her new team after a long and bumpy road; women get top roles
European Union chief Ursula von der Leyen has put women in many of the top roles on her new team for her next five-year tenure at the head of the bloc2 days ago - European Union -
The Guardian - World
EU fingerprint and facial recognition checks expected to be delayed again
Border checks system was due to go live in November but some countries say they are not ready. The full implementation of an EU entry-exit system introducing fingerprinting and facial recognition ...2 days ago - European Union -
The Guardian - World
Spanish Socialist Teresa Ribera gets top EU role steering climate and antitrust policy
Spain’s deputy PM among six executive vice-presidents in Ursula von der Leyen’s next European Commission team. Spain’s deputy prime minister, the outspoken Socialist Teresa Ribera , will take ...2 days ago - Climate -
Financial Times - Business
Von der Leyen gives top economic jobs to interventionist EU countries
France, Italy and Spain to share influential portfolios in next European Commission2 days ago - European Union -
Financial Times - World
FirstFT: EU plans €40bn in loans for Ukraine without US
Also in today’s newsletter, US-Japan tech curbs on China and Iran warms to nuclear talks2 days ago - Ukraine -
CNBC - Business
Big names like David Tepper and 'Big Short' investor Michael Burry are quietly upping their bets on the Chinese economy
From property woes to sluggish economic data, China appears to be suffering from long Covid.2 days ago -
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The New York Times - Top stories
China’s ‘Silver Economy’ Is Thriving as Birthrate Plunges
The shrinking population poses threats to growth but has opened opportunities for businesses that serve seniors.2 days ago - China