LONDON – The European Union is set to significantly expand the lending capacity of its financial arm, the European Investment…
Category: Europe
EU Needs €241 Billion to Expand Nuclear Energy Capacity by 2050
BRUSSELS: The European Union’s ambitious plans to expand its nuclear energy capacity will require a staggering €241 billion (US$278 billion)…
German Economy Set to Grow 0.3% in 2025
BERLIN: The German economy is expected to grow by 0.3% in 2025 following two consecutive years of contraction, according to…
EU Warns Shein of Possible Fines Over Consumer Protection Violations
BRUSSELS —The European Union has issued a stern warning to fast-fashion giant Shein, urging the Chinese e-commerce platform to comply…
EU to Fast-Track Trade Talks After Trump’s Tariff Threat
BRUSSELS, 26 May 2025 — European Commission President Ursula von der Leyen has pledged to accelerate trade negotiations with the…
TotalEnergies CEO Defends East Africa Projects Amid Abuse Allegations
PARIS — TotalEnergies CEO Patrick Pouyanné has publicly defended the French energy giant’s operations in East Africa, following renewed scrutiny…
UK Sanctions Directors of Oil Trading Firm Over Russian Ties
LONDON, 9 May 2025 – The United Kingdom has unveiled a new wave of sanctions targeting Russia, which includes asset…
Pope Francis Dies on Easter Monday at Age 88 – Vatican News
Pope Francis passed away on Easter Monday, April 21, 2025, at the age of 88, at his residence in the…
Le Pen Convicted of Embezzlement, Barred from 2027 Presidential Election
PARIS, March 31 – In a major legal blow, a French court has barred Marine Le Pen, the leader of…
Trump trade war must prompt Europe ‘independence’, says ECB chief
PARIS: European Central Bank president Christine Lagarde said today that Europe should move towards economic independence as US President Donald…