Reversal in the “Battery Belt”: Trump’s EV Crackdown Strikes Deep in U.S. Heartland

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…

Trump Pressures Microsoft Over Lisa Monaco, Raising Political and Corporate Tensions

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…

U.S. Widens Use of Tariffs, Targeting Masks, Syringes and Robotics in Major Import Review

The U.S. government has expanded its trade-defensive measures by launching a sweeping import investigation covering items such as surgical masks, syringes, industrial robots, and medical devices. The probe, initiated under national security laws, could lead to higher tariffs or stricter restrictions on foreign suppliers. Industry observers say the move signals a shift toward aggressive import…

EU Launches Antitrust Investigation of SAP Over Support Service Practices

The European Commission has formally opened an antitrust case against SAP, the German enterprise software giant, over concerns that its practices in maintenance and support services for its on-premises ERP (Enterprise Resource Planning) software may be restricting competition. The probe underscores growing regulatory scrutiny of “after-market” practices in the tech industry, particularly around software vendors’…

U.S. Pressures TikTok Toward Sale as Oracle, Silver Lake Circle Deal; Beijing Weighs Response

The Biden administration’s tightening stance on TikTok has put the future of the video-sharing platform in the United States at a decisive crossroads. Long criticized by Washington as a national security threat, TikTok now faces the strongest pressure yet to sever ties with its Chinese parent, ByteDance. The move has reignited debates over the intersection…

France Faces Higher Borrowing Costs After Fitch Cut, With Risks of More Economic Pain Ahead

France’s borrowing costs climbed at the start of the week after Fitch cut the country’s sovereign credit rating, underscoring the fragile balance between fiscal sustainability, political uncertainty, and market confidence. The downgrade, which shifted France from AA- to A+ with a stable outlook, triggered an immediate reaction in bond markets, with yields on key government…

ECB likely to hold rates as August inflation tick reinforces steady-rate case

Euro-zone inflation edged up in August, reinforcing the argument for the European Central Bank to hold policy steady for the near term and highlighting the growing link between subdued price pressures and central banks’ willingness to keep rates unchanged. The latest flash HICP reading showed headline inflation nudging above the ECB’s 2% target, while underlying…

Why Trump Is Holding Back Tougher Sanctions on Russia: Political Ambitions and Strategic Fears at Play

U.S. President Donald Trump has long threatened to punish Moscow for its continued assault on Ukraine, yet when the time comes to act, he has repeatedly stopped short of unleashing the most punishing sanctions available to Washington. Russia, under Vladimir Putin, shows no inclination to halt its offensive, and Ukraine continues to suffer daily bombardments.…