EU News Digest Latest News & Updates
The German DAX has had its worst year in a decade amid persistent market volatility across the globe. The stock index is down more than 18 percent since the start of the year, after it briefly fell into bear market territory earlier this month. A bear market is when stocks …
Read More »UK police admit there’s a possibility there was no drone
Athanasios Gioumpasis | Getty Images Passengers stranded at Gatwick wait for updates on their travel options on December 20, 2018. It led to three days of travel chaos and 1,000 flights being canceled or diverted, but police in the U.K. have said there’s a chance no actual drone infringed on …
Read More »Half the world’s population tuned in to this year’s soccer tournament
Bruno Levesque | IP3 | Getty Images French fans attend the French football team parade on the Champs Elysees in a double-decker bus the day after their victory in the 2018 World Cup final, on July 16, 2018 in Paris, France. The French team won their second star after winning …
Read More »Airbus shares sink on reports of DOJ probe
Regis Duvignau | Reuters An Airbus A220-300 aircraft, a new brand for the CSeries passenger jet acquired from Canada’s Bombardier, flies during its unveiling in Colomiers near Toulouse, France, July 10, 2018. Airbus shares slumped 9 percent Thursday morning on reports the company is being investigated by the U.S. Department …
Read More »Putin warns the threat of nuclear war should not be underestimated
Dennis Grombkowski | Getty Images Sport | Getty Images Vladimir Putin, President of Russia speaks during the Preliminary Draw of the 2018 FIFA World Cup in Russia at The Konstantin Palace on July 25, 2015 in Saint Petersburg, Russia. Russian President Vladimir Putin warned the threat of a nuclear war …
Read More »Plans to break the current Brexit impasse could land Theresa May in even deeper trouble
Sean Gallup | Getty Images News | Getty Images BRUSSELS, BELGIUM – NOVEMBER 25: British Prime Minister Theresa May speaks at a press conference after attending a special session of the European Council over Brexit on November 25, 2018 in Brussels, Belgium. Despite efforts by the Labour party and other …
Read More »Turkish Foreign Minister on Gulen extradition
Thomas Urbain | AFP | Getty Images Turkish cleric and opponent to the Erdogan regime, Fethullah Gulen, at his residence in Saylorsburg, Pennsylvania on July 18, 2016. A former ally of President Recep Tayyip Erdogan, Gulen has lived in self-imposed exile in the U.S. for nearly 20 years. He denies …
Read More »Euro slips as ECB’s Draghi lowers growth forecast for Europe
Jasper Juinen | Bloomberg | Getty Images Mario Draghi, president of the European Central Bank (ECB), arrives for the ECB rate decision news conference in Frankfurt, Germany, on Thursday, Sept. 13, 2018. The euro currency has slipped in value after the European Central Bank (ECB) trimmed its growth forecasts for …
Read More »Crisis-era stimulus set to end despite growth worries
The ECB’s governing council confirmed what policymakers had been saying since the summer. They will stop expanding quantitative easing (QE) from the end of December — when bond purchases will fall from 15 billion euros a month to zero. It marks a historic moment for the central bank, as President …
Read More »ECB caught between economic risks and QE exit
Francois Lenoir | Reuters European Central Bank President Mario Draghi testifies before the European Parliament’s Economic and Monetary Affairs Committee in Brussels, Belgium September 24, 2018. The European Central Bank President Mario Draghi has to tread a fine line once again as he gives his latest update on euro area …
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