EU News Digest Latest News & Updates
Nelson Ching | Bloomberg | Getty Images Workers manufacture cotton yarn at a factory in Dali county, Shaanxi province, China. The Trump administration on Tuesday released a list of Chinese goods — with an annual trade value of about $200 billion — that may be subjected to 10 percent tariffs. …
Read More »McConnell says he is not worried about Trump withdrawing U.S. from NATO
Aaron P. Bernstein | Getty Images Senate Majority Leader Mitch McConnell speaks with reporters following the weekly policy luncheons at the U.S. Capitol June 26, 2018 in Washington, DC. The top Republican in the U.S. Senate, Mitch McConnell, on Wednesday said he was not worried that President Donald Trump will …
Read More »Stocks have rallied since China trade war officially began
One of the stock market’s worst fears has been a trade war, yet U.S. large cap stocks have tagged on nearly 3 percent in the five sessions just before and after Friday’s trade actions, where the U.S. and China each slapped tariffs on $34 billion in each other’s goods. “I …
Read More »Trump pushes NATO allies to increase spending as US share of funding slows
As President Donald Trump headed to Brussels to meet with the members of the world’s most powerful military alliance, NATO published its latest estimates on defense spending. The NATO report estimates that only five out of the 29 nations will meet the spending standards that were agreed upon at the …
Read More »Ronaldo leaving Real Madrid to join Italian club Juventus
Isabella Bonotto | AFP | Getty Images Real Madrid’s Portuguese forward Cristiano Ronaldo celebrates after winning the UEFA Champions League final football match between Liverpool and Real Madrid at the Olympic Stadium in Kiev, Ukraine on May 26, 2018. Real Madrid says Cristiano Ronaldo is leaving to join Italian club …
Read More »EU chief Donald Tusk criticizes Trump over his attitude toward European allies
EMMANUEL DUNAND | AFP | Getty Images European Council President Donald Tusk (L) speaks to US President Donald Trump (R) as he welcomes him at EU headquarters. European Council President Donald Tusk is appealing to President Donald Trump to remember who his allies are as the U.S. leader prepares to …
Read More »Cuba unfreezing growth of private tourism businesses
Artur Widak | NurPhoto | Getty Images A crowd of tourists seen outside of Floridita, a historic fish restaurant and cocktail bar, famous for having been one of the favorite hangouts of Ernest Hemingway in Havana. The Cuban government will allow new restaurants, bed-and-breakfasts and transportation businesses by the end …
Read More »Trump says the UK is in turmoil and Putin summit might be the easiest part of his European trip
SAUL LOEB | AFP | Getty Images US President Donald Trump speaks to the media alongside First Lady Melania Trump as they walk to Marine One prior to departure from the South Lawn of the White House in Washington, DC, July 10, 2018, as they travel on a week-long trip …
Read More »UK Prime Minister Theresa May receives the backing of her party on brexit
Carl Court | Getty Images British Foreign Secretary Boris Johnson speaks ahead of Prime Minister Theresa May during her last campaign visit at the National Conference Centre on June 7, 2017 in Solihull, United Kingdom. While no challenge has yet materialized, the prime minister will have to conduct a leadership …
Read More »Turkish markets sink as President Erdogan hires son-in-law as finance minister
Ozan Kose | AFP | Getty Images Turkish President Recep Tayyip Erdogan (R) poses with Beraat Albayrak on May 29, 2018 in Istanbul. Turkish assets slipped Tuesday after re-elected President Recep Erdogan appointed his new cabinet ministers amid the adoption of sweeping new executive powers. The country’s benchmark BIST 100 …
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