TAG: Data
Eurozone inflation dips in January as investors eye early rate cut
FRANKFURT — Eurozone inflation eased as expected in January, fueling hopes for an early European Cen...
8 months ago
Europe’s farmer protests are spreading. Here’s where and why
The farmer protests sweeping the European Union may have taken political leaders by surprise. But th...
8 months ago
Middle East braces for chaos as Iran and West square up
Western warplanes and guided missiles roared through the skies over Yemen in the early hours of Frid...
8 months ago
Tony Blair seeks climate role at COP29 in Azerbaijan
LONDON — Tony Blair was once hired to lobby for a gas pipeline from Azerbaijan that activists described as a “carbon bomb.” Now he wants to help the Baku government run its climate talks.The Tony Blair Institute for Global Change (TBI), which was founded...
6 months ago
Net zero meets the NIMBYs: Inside the battle for the UK’s biggest solar farm
EYNSHAM VILLAGE HALL, OXFORDSHIRE, England — On a winter afternoon, dozens of local residents pour into a drafty village hall, tucked away in the picturesque English countryside. They wear thick coats and skeptical frowns, and are here to fight plans to b...
6 months ago
UK considers probe of Chinese EV subsidies
LONDON — Britain is considering whether to investigate Chinese state subsidies for electric vehicle (EV) makers, two people familiar with the nascent plans told POLITICO.A U.K. investigation would follow the launch of a similar probe by the EU last Octobe...
6 months ago
EU backs Kristalina Georgieva for second IMF term
BRUSSELS ― The EU has backed Kristalina Georgieva for a second term at the head of the International Monetary Fund.Finance ministers agreed over breakfast in Brussels on Tuesday to rally around the Bulgarian’s candidacy as a show of EU unity, according to...
6 months ago
Shrinking Arctic ice redraws the map for internet cable connections
Thawing ice in the Arctic may open up new routes for internet cables that lie at the bottom of the ocean and carry most international data traffic. And more routes matter when underwater infrastructure is at risk of attack.Baltic Sea gas and telecoms cabl...
6 months ago
Mortgages to become more expensive, ECB warns
Homeowners will finally be confronted by rising mortgage payments as the delayed effects of high interest rates kick in, a top European Central Bank official warned."There are going to be a lot more people exposed to interest rates,” ECB Chief Economist P...
6 months ago
UK inflation lower than expected
Consumer prices in the United Kingdom stood at 4 percent in January, unchanged from December and defying expectations of a renewed pick-up, data released by the Office for National Statistics showed Wednesday.Analysts polled by Reuters ahead of the releas...
6 months ago
EU steps up bid to curb China’s green tech market lead
BRUSSELS — On paper, the EU sees China as a partner in the fight against climate change.But the trade reality tells a different story. As Beijing responds to weak domestic demand with heavy state subsidies, it’s a perfect recipe for overcapacity — from el...
6 months ago
France talks tough on Ukraine while gobbling up more Russian gas
BRUSSELS — Put your money where your mouth is.Such grumbling is percolating across Europe as new data reveals France quietly ramping up gas payments to Russia just as President Emmanuel Macron loudly positions himself as one of Ukraine’s staunchest defend...
6 months ago
Euro plunges, eyes parity with dollar after Lagarde’s go-it-alone pledge
The euro slumped to its lowest level this year on Friday, in a delayed reaction to European Central Bank President Christine Lagarde's signaling on Thursday that the bank is willing to cut interest rates before her U.S. counterparts. By Friday afternoon i...
6 months ago
Bulgaria can’t join the eurozone in January. Here’s why.
Behind an imposing wooden desk in Sofia, in a complex once housing a statue of Lenin, the man who presides over the 20-strong group of eurozone finance ministers chose his words carefully.“I am strongly convinced that Bulgaria will join the euro area in 2...
5 months ago