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The United States’ decision to impose an additional 20 percent tariff on products imported from the European Union (EU) has drawn strong criticism from BusinessEurope, the continent’s largest business organization. Speaking from Brussels on April 3, 2025, BusinessEurope Director-General Markus J. Beyrer warned that the unilateral move threatens

The European Parliament has approved substantial financial aid packages for Egypt and Jordan, amounting to €4 billion and €500 million respectively, in a move aimed at reinforcing economic stability and supporting key reforms in both nations. The decision was made during a vote on April 1,

The European Commission has unveiled plans to significantly expand the mandate of Europol as part of a broader strategy to reinforce internal security across the European Union. Announced in Brussels on April 1, 2025, the initiative is aimed at enhancing law enforcement capabilities amid evolving geopolitical threats,

U.S. stock markets closed sharply lower on Friday, weighed down by hotter-than-expected inflation data and renewed concerns over tariff policies under President Donald Trump. The Dow Jones Industrial Average dropped 590 points, or 1.6%, while the S&P 500 lost 1.6% and the Nasdaq Composite fell 2.2%, extending a

Migrant deaths in Asia surged to an all-time high in 2024, with at least 2,514 lives lost along dangerous migration routes, according to the latest data from the United Nations International Organization for Migration (IOM). This marks a 59 percent increase from the 1,584 deaths

The European Union (EU) recorded a trade deficit in aluminium of €11.1 billion in 2024, as per newly published data from Eurostat. The EU imported €29.5 billion worth of aluminium and related articles, while exports totaled €18.4 billion, reflecting a growing imbalance in aluminium trade. Compared with 2019,

The European Commission steel safeguard measure has been significantly reinforced as part of a broader effort to protect the European Union’s steel industry from mounting global pressures. This revision, which aligns with the EU’s Steel and Metals Action Plan, aims to curb the influx of steel imports

CryptoWire News Desk: U.S. financial advisors are increasingly embracing cryptocurrency exchange-traded funds (ETFs), with a majority signaling plans to expand their exposure in 2025. According to a survey presented by TMX VettaFi at the Exchange conference in Las Vegas, 57% of advisors intend to

The European Union has announced plans to substantially increase its defence spending, committing €800 billion (approximately $868 billion) over the next four years. The decision was formalized during a summit of EU leaders held in Brussels on March 20, 2025, where participants agreed to intensify efforts

Water scarcity in Europe is becoming an increasingly critical issue as climate change drives rising temperatures, more frequent droughts, and mounting pressure on freshwater supplies, according to the European Environment Agency (EEA). The agency’s latest findings signal a growing environmental challenge