Europe markets open higher, latest US-China trade developments in focus

Europe markets open higher, latest US-China trade developments in focus

Italy’s incoming coalition government won its first confidence vote by the Senate on Tuesday evening. New Prime Minister Giuseppe Conte presented the coalition’s plans to crackdown on immigration and up welfare spending while cutting taxes. But Jens Weidmann, head of Germany’s central bank, warned that the market reaction to Italy’s unstable politics demonstrates that the […]

Europe is still addicted to Russian gas

Europe is still addicted to Russian gas

Try as it might, Europe just can’t dump Russia. President Vladimir Putin was given a warm welcome in Vienna on Tuesday, the 50th anniversary of Austria becoming the first western country to import Soviet gas during the Cold War. ‘; var storytext = document.getElementById(‘storytext’); var heightToSkip = 0; function resetValues() { totalHeight = 0; […]

Porsche halts new vehicle sales in Europe to adjust to new emissions standards

Porsche halts new vehicle sales in Europe to adjust to new emissions standards

Reddit Tweet Share Share Email Porsche has temporarily suspended the sale of new vehicles in Europe, due to the company’s current offerings not meeting the region’s new emissions standards. Buyers using Porsche’s online vehicle configurator for Europe were prompted with a message informing visitors that due to a […]

UK and Europe would 'all lose' without security deal, says Javid

UK and Europe would 'all lose' without security deal, says Javid

The EU is split on post-Brexit security cooperation, the UK home secretary has said, as he introduced a new government counter-terrorism strategy with an appeal for Brussels to focus on maintaining strong links. Sajid Javid, outlining the approach, called Contest, in a speech in London, said it would be “wrong and reckless” for either side […]

Slovenia Elections Tilt Another European Country to the Right

Slovenia Elections Tilt Another European Country to the Right

“I will say what I have said already before: We are for solidarity, but we are against stupidity,” he said, advocating a policy of discouraging migrants from coming to Europe by improving conditions in their own countries. “For those who are trying to get to Europe to have a better life, we have to improve […]

Europe wants to take the heat out of Trump's steel war. That might be risky

Europe wants to take the heat out of Trump's steel war. That might be risky

Donald Trump’s decision to slap tariffs on imported steel and aluminium presents the rest of the world with a stark choice: fight fire with fire or play for time. Despite all the bellicose rhetoric that accompanied the well-signalled protectionist action from Washington, the latter course is the preferred option for now. Brussels and Beijing have already […]

Europe, Currency, And Inflation Crises Threaten

Europe, Currency, And Inflation Crises Threaten

Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason. Coming up Axel Merk joins me to break down the situation in the Eurozone, the likelihood of more nations following the UK in exiting the EU and how all this might affect the dollar, Fed policy and precious metals. Don’t miss an enlightening interview with […]

US Close to Imposing Sanctions on European Companies in Russian Pipeline Project

US Close to Imposing Sanctions on European Companies in Russian Pipeline Project

The Trump administration is edging closer to imposing sanctions on energy companies from Germany and other European countries in a bid to scuttle the construction of a politically contentious Russian gas pipeline across the Baltic, according to three sources familiar with the issue. Officials are still looking at other ways to block to project, known […]

Gold slips as relative calm returns to Europe markets

Gold slips as relative calm returns to Europe markets

Gold fell on Friday, setting prices up for their lowest finish in more than a week as upbeat monthly U.S. employment data buoyed the dollar and suggested that the Federal Reserve remains on track to raise interest rates later this month and later this year. Relative calm returned to Italian politics, a move also seen […]

Italy Forms Western Europe's First Populist Government

Italy Forms Western Europe's First Populist Government

Italy’s anti-establishment 5-Star Movement and the right-wing League succeeded Thursday in forming western Europe’s first populist government, which will be headed by a political novice whose first try was rejected four days earlier as too risky for the Italian economy. What changed was the willingness of 5-Star leader Luigi Di Maio and League leader Matteo […]

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