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As Greece Ends a Decade of Bailouts, Problems Linger for Europe

As Greece Ends a Decade of Bailouts, Problems Linger for Europe

To play it safe, Greece won’t start selling bonds until well after it exits the bailout. Instead, the government, which is being advised by Paris-based Rothschild & Company, will pick a moment in the next two years when market conditions seem favorable. A cash buffer of up to €18 billion, funded by creditors, may help […]

Stocks Drop in Europe and Asia as US-China Trade Dispute Escalates

Stocks Drop in Europe and Asia as US-China Trade Dispute Escalates

LONDON — European and Asian stock markets fell on Tuesday, as an escalating trade dispute between the United States and China, the world’s two biggest economies, raised concerns among investors about the consequences for global growth. In the latest sign of worsening trade ties, President Trump said on Monday that his administration was prepared to […]

European markets close lower as trade tensions rise, VW shares slip on Audi boss arrest

European markets close lower as trade tensions rise, VW shares slip on Audi boss arrest

The pan-European Stoxx 600 ended provisionally down by 0.79 percent on Monday with all sectors except Oil and Gas lower on average. The FTSE 100 stock index closed barely lower for the day. Market sentiment was being dominated by trade tensions between the U.S. and China with new tariffs on the table. President Trump unveiled […]

Who wants migrants rescued from the Mediterranean Sea?

Who wants migrants rescued from the Mediterranean Sea?

The arguments over who should take responsibility for refugees arriving in Europe are heating up again. European Union leaders have long been divided about how to handle the migrant crisis, which is being highlighted by the gruelling voyage undertaken by 630 migrants now in Spain. They were stranded at sea for more than a week because […]

Migrant crisis threatens to sink Europe

Migrant crisis threatens to sink Europe

In a weekly podcast she admitted: “This is a European challenge that also needs a European solution. And I view this issue as decisive for keeping Europe together.” Her comments come against a backdrop of furious rows over immigration in Europe. Ms Merkel’s own interior minister is calling for a tougher line on migrants, threatening […]

Europe's creaking asylum, migration rules at a glance

Europe's creaking asylum, migration rules at a glance

by Associated Press June 16 at 4:43 AM BRUSSELS — Europe’s diplomatic row over who should take in a rescue boat with hundreds of migrants onboard has drawn fresh attention to glaring gaps in the European Union’s asylum rules. The so-called Dublin Regulation, a key component keeping Europe’s passport-free travel area open, is under review, […]

What is the current state of the migration crisis in Europe?

What is the current state of the migration crisis in Europe?

Three years after Europe’s biggest influx of migrants and refugees since the second world war, tensions between EU member states over how to handle irregular immigration from outside the bloc – mainly from the Middle East and Africa – are rising again. What is the scale of migration? Numbers are sharply down from their 2015-16 […]

Samsung promises to use 100 percent renewable energy in US, Europe, and China by 2020

Samsung promises to use 100 percent renewable energy in US, Europe, and China by 2020

Samsung said today that it’s going to make its factories and offices in the US, Europe, and China run on 100 percent renewable energy. The announcement comes after a more than year-long Greenpeace campaign advocating for greener practices and protesting the company’s role in worsening climate change. Activists have pointed out that Samsung lags behind […]

Europe's Unresolved Migration Crisis Triggers Political Turmoil

Europe's Unresolved Migration Crisis Triggers Political Turmoil

Three summers after Europe’s biggest migration influx since World War II frayed social cohesion and threatened to topple governments, the old wounds are reopening. Lingering political tensions over the unresolved question of how to control immigration from outside Europe have broken out into the open, and the fallout is reshaping alliances and stoking old rivalries […]

Merkel Calls Out Trump, Citing Services Surplus With Europe

Merkel Calls Out Trump, Citing Services Surplus With Europe

Chancellor Angela Merkel said the U.S. runs a trade surplus with Europe when services are included, marshaling a rebuff to President Donald Trump’s sustained criticism of German manufacturing exports. Merkel speaks at the Christian Democratic Union business conference. Photographer: Krisztian Bocsi/Bloomberg In a speech in Berlin, Merkel said the topic was discussed at last week’s […]

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