European Union leaders’ decision to fund Ukraine through joint borrowing rather than directly mobilising frozen Russian central bank assets marks a significant shift in the bloc’s financial and political strategy. While the headline outcome is a €90 billion support package for 2026–27, the deeper story lies in how legal risk, internal divisions, and market credibility…
Alphabet’s Google is facing renewed regulatory pressure in Europe as the European Commission opens a formal antitrust investigation into its spam-prevention policy, a move that underscores growing tensions between platform governance, algorithmic integrity and the economic stability of the news-publishing sector. The inquiry marks one of the most consequential tests yet of Europe’s Digital Markets…
This year’s landmark climate gathering, the 30th session of the COP30, convenes in the Amazon city of Belém, Brazil. Far more than a routine global meeting, the event arrives at a moment when the urgency of climate action intersects with geopolitical complexity, financial shortfalls and rising demands for justice. The question now is not just…
Russia’s wine market is undergoing a profound transformation. Once brimming with French Burgundies, Italian Barolos and South American imports, supermarket shelves now showcase mainly Russian-made vintages. The shift, punctuated by Western sanctions after the invasion of Ukraine in early 2022, is not simply a consumer re-orientation—it embodies changing trade flows, protectionist impulses and a broader…
China’s manufacturing sector sank deeper in October, with the official Purchasing Managers’ Index (PMI) falling to 49.0—its weakest reading in six months and below economists’ expectations. The downturn continues a contractionary streak that now stretches into its seventh consecutive month, highlighting how external shocks, weak domestic demand and structural challenges are converging to test the…
China’s latest five-year plan marks a striking shift in its industrial strategy, with electric vehicles — once the crown jewel of its technological ambitions — excluded for the first time in over a decade. The move signals Beijing’s growing concern over an overheated EV sector plagued by oversupply, falling profits, and intensifying global scrutiny. Instead,…
The United States has asserted that India has halved its imports of Russian crude oil, signaling what it calls a major diplomatic success in curbing Moscow’s wartime revenues. Yet, on-the-ground data, refinery orders, and industry sources in New Delhi present a very different picture — one of steady purchases, rising import volumes, and no official…
In a move that could reshape the global conversation around obesity and health equity, the Bill & Melinda Gates Foundation and the Pan American Health Organization (PAHO) are laying groundwork to make new-generation weight-loss drugs—like Novo Nordisk’s Wegovy and Eli Lilly’s Mounjaro—accessible to lower-income nations. What began as a quiet discussion in global health circles…
In rural Stanton, Tennessee, the promise of clean-energy transformation once seemed tangible. A massive Ford electric truck assembly and battery facility was pitched as a life-changing investment—6,000 jobs, local growth, new infrastructure. But under shifting federal policy, that dream is stalling. Trump’s aggressive rollback of EV incentives and regulatory support is reaching into the so-called…
U.S. President Donald Trump has intensified his criticism of Microsoft, urging the tech giant to dismiss its global affairs president, Lisa Monaco. His demand stems from her previous roles in Democratic administrations and her involvement in key investigations and security responses that directly intersected with Trump’s political fortunes. The move underscores how Trump continues to…
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