Market meltdown lays bare Europe's divisions
Synopsis by Reuters Jun 16 22
A markets sell-off has brought back memories of the euro zone debt crisis more than a decade ago, highlighting divisions that have plagued the currency bloc's ...Read full article
Reuters: A markets sell-off has brought back memories of the euro zone debt ...
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| Last Updated | Jun 16 22 |
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A markets sell-off has brought back memories of the euro zone debt crisis more than a decade ago, highlighting divisions that have plagued the currency bloc's ... Show more reut.rs/3xy7kZC
Analysis: Market meltdown lays bare Europe's divisions: A markets sell-off has brought back memories of the euro zone debt crisis more than a decade ago ...
reuters.com/markets/europe/market-meltdown-lays-bare-europes-divisions-2022-06-16/
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Market meltdown lays bare Europe's divisions: A markets sell-off has brought back memories of the eurozone debt crisis more than a decade ago, highlighting
euractiv.com/section/economy-jobs/news/market-meltdown-lays-bare-europes-divisions/
Analysis: Market meltdown lays bare Europe's divisions: A markets sell-off has brought back memories of the euro zone debt crisis more than a decade ago ...
reuters.com/markets/europe/market-meltdown-lays-bare-europes-divisions-2022-06-16/
Turkey’s Central Bank Head Vows ‘Whatever It Takes’ on Inflation - Bloomberg: Turkish central bank Governor Fatih Karahan promised to do “whatever it takes” to ...
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Official: EU users can swerve App Store and download iOS apps from the web: Anticompetitive remedies? We've heard of them
theregister.com/2024/04/17/apple_eu_ios_web_downloads/
EU tells Meta it can't paywall privacy: Platforms should not confront users with 'binary choice' over personal data use
theregister.com/2024/04/18/eu_meta_subscription_privacy/
Quick Glance: EU instructs Meta against paywalling privacy
- The European Data Protection Board (EDPB) has clarified that large online platforms should not offer users a choice between paying for a service and consenting to the use of their personal data for targeted advertising.
- In an EDPB opinion published yesterday, the discussion revolves around the validity of processing personal data for behavioral advertising in the context of 'consent or pay' models introduced by Meta.
- According to the EDPB, it is generally not compliant with legal requirements for valid consent when users are only given the option to consent to the processing of personal data for advertising purposes or pay a fee.
- Meta is expected to maintain collaboration with the Irish Data Protection Commission, the primary regulatory authority in the EU. The opinion is projected to have no impact on Meta's services.
ECB’s Rehn Says Time Will Be Ripe in June to Start Cutting Rates: European Central Bank Governing Council member Olli Rehn joined fellow policymakers in ...
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EU to tighten Iran sanctions after Israel attack: The expanded penalties target companies involved in the production of drones and missiles.
bbc.com/news/world-europe-68842436
Quick Glance: US imposes new sanctions on Iran's drone program
- The United States imposed new sanctions Thursday on sixteen people and two entities associated with Iran’s drone program to punish Tehran for the weekend's attack on Israel.
- The sanctions target executives of an engine manufacturer supplying Iran’s Shahad-131 drones, companies servicing the engines, and individuals providing the drones to Iranian proxy forces in the Middle East.
- Coordinated with European allies, the new sanctions aim to disrupt Iran's missile and drone program and isolate the country globally.
- President Joe Biden emphasized the US commitment to holding Iran accountable, utilizing economic tools to counter Iran's activities, as stated by Treasury Secretary Janet Yellen.
ECB's Simkus Says Could Make Back-to-Back Summer Interest-Rate Cuts: The European Central Bank could lower borrowing costs in both June and July ...
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EU Set to Launch China Probe on Medical Device Procurement: The European Union is set to launch an investigation into China’s procurement of medical devices ...
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Orbán and Farage’s right-wing fiesta goes ahead in Brussels after big court win: The controversial gathering will continue as planned.
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Quick Glance: Brussels Police Shut Down Right-Wing Conference with Farage and Braverman
- Brussels police stormed a right-wing conference attended by Nigel Farage and Suella Braverman after orders for the event to be shut down.
- The controversial National Conservatism Conference was closed to ensure public safety.
- Despite police arriving and giving attendees 15 minutes to leave, speeches continued.
- The conference, hosted by Viktor Orban and the Edmund Burke Foundation, aimed to strengthen national conservatism principles in Western countries.
TikTok questioned by EU over Lite app that ‘pays’ users for watching videos: European Commission has concerns about app’s impact on children, as well as ...
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Quick Glance: ByteDance Given 24 Hours to Provide DSA Risk Assessment for TikTok Lite
- The EU demands TikTok owner ByteDance to submit a risk assessment for TikTok Lite within 24 hours to address compliance questions related to the Digital Services Act.
- EU's concerns focus on the launch of TikTok Lite, especially on a reward-linked engagement feature that could have a negative impact on young people's mental health.
- The EU has requested TikTok to provide more information on the risk assessment of the new program and the measures to mitigate systemic risks.
- The company has until April 26 to provide additional information before the EU decides on potential further steps, such as a formal investigation.
ECB’s Lane Says Current Disinflation Is ‘Necessarily Bumpy’: European Central Bank Chief Economist Philip Lane said the retreat in consumer-price growth is ...
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Nordea Posts Record Profit as Interest Rate Boost Continues: Nordea Bank Abp, the largest lender in the Nordic region, reported record profits and net interest ...
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Orbán to Brussels: Time to shake up ‘bad’ EU leadership: “If the leadership proves to be bad, it must be replaced. It’s that simple,” Hungarian leader says.
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Europe Faces Twin Blow If ECB and Fed Don’t Cut, Scicluna Warns: The euro zone’s stuttering economy would face a twin blow should interest rates not be lowered ...
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Russia's war: EU holds out prospect of further aid for Ukraine: Ukrainian President Volodymyr Zelensky was connected to the EU summit in Brussels via video ...
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REPORT: Nestle Adds Sugar to Baby Food Sold in Nigeria, Other Poor Countries Against WHO Guidelines
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Quick Glance: Nestlé adds sugar to infant milk sold in poorer countries
- Nestlé adds sugar and honey to infant milk and cereal products in poorer countries, contradicting international guidelines.
- Public Eye's investigation revealed that products like Nido and Cerelac contain added sugar in many countries, while this is not the case in European markets.
- The World Health Organization warns of rising childhood obesity in poorer countries and emphasizes no added sugars for children under three years old.
- Nestlé defends the quality of its products but states that recipes vary based on regulation and local ingredient availability.
EU Discord Over Capital Markets Weighs On Top-Level Summit: Welcome to the Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart of the ...
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Sales of electric cars are weakening - and with it the entire car market: Five percent fewer cars were sold in Europe in March. The slump in sales of electric ...
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Le Pen’s Party Wants the ECB to Help Fund the Green Transition: The far-right party of Marine Le Pen, which is on course to trounce French President Emmanuel ...
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US urges EU to tell China to halt transfer of weapons parts to Russia: Officials point to growing co-operation between Beijing and Moscow on production of arms ...
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Scholz Arrives in China on a Mission to Dial Down Trade Tensions: German Chancellor Olaf Scholz will take a delicate message to China this week: Beijing has not ...
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German chancellor urges Israel not to retaliate after Iran attack ｜ DPA: German Chancellor Olaf Scholz urged Israel not to respond to Iran's direct attack ...
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The European Central Bank is poised to order Italy's UniCredit to cut back its business with Russia, sources said, as the regulator exerts pressure to choke ...
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EU Proposes UK Talks to Ease Stays for Students, Young Workers: The European Union’s executive wants to start talks with the UK to give young adults an easier ...
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Belgian leader announces probe into suspected Russian interference in EU elections
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Zimbabwe Announces New Currency Called the ZiG, Backed by Gold: Zimbabwe, in its latest bid to end the serial slide of the local dollar, has replaced it with a ...
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UK drug shortages swell amid Brexit supply woes, think-tank data shows: Drug shortages in the UK more than doubled between 2020 and 2023 with Brexit likely to ...
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ECB’s Nagel Says June Cut More Probable, But Still Caveats: CNBC: The European Central Bank is moving closer to lowering borrowing costs at its next policy ...
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Drugs from the pharmacy: Mayor of Amsterdam pleads for a regulated cocaine market
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EU summit after attack on Israel: extension of Iran sanctions decided: Iran must be isolated internationally after the major attack on Israel ...
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EU leaders agree to align company insolvency laws ｜ DPA: European Union leaders on Thursday agreed to align "relevant aspects" of their countries' ...
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Fear of the Far Right Torpedoes EU Environmental Policies: European farmers successfully protested a plan to curb emissions
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Quick Glance: EU Farmers Protest Against Environmental Regulations
- Farmers from multiple European countries protested in Brussels against EU environmental measures.
- They fear that environmental regulations threaten their livelihoods and demand political consideration.
- The EU Commission responded to the protests by loosening environmental regulations in favor of farmers.
- Conflicts between environmentalists and farmers highlight the urgent need for reform in EU agriculture.
TikTok Lite: EU demands answers on money-for-views version: The platform has been given 24 hours to provide information about the potential risks of TikTok Lite.
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EU climate service Copernicus: Another temperature record reported: March warmer than any previous
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EU leaders back new Iran sanctions after attack on Israel: European Union leaders decided on Wednesday to step up sanctions against Iran after Tehran's missile ...
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EU proposes some free movement for UK young people: The EU Commission says UK and EU citizens under 30 should be able to work or study for up to four years.
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ECB’s Rehn Says Geopolitics Pose Biggest Risk to Rate Cuts: Slower inflation has opened the door for the European Central Bank to start lowering interest rates ...
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Paid articlePaid ECB May Cut Rates in June on Slower Inflation, Muller Says - Bloomberg: The European Central Bank may lower interest rates in June as euro-area inflation slows ...
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Paid articlePaid The ECB is seen forgiving Italy its fiscal sins, if needed: Investors who have snapped up high-yielding Italian bonds over the last year on the assumption they ...
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Farmers' protests: Ukraine and the EU's agricultural policy: For almost two years now, Ukrainian agricultural goods have been freely imported into the EU ...
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Meta should give users free option without targeted ads, EU privacy watchdog says
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Take Five: Dancing to the dollar's beat: Just when it looked like rate cuts were coming any minute now, inflation has reared its head and the strength of the ...
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ECB’s Kazaks Says It’s Too Soon to Declare Inflation Victory: It’s still too early to declare that euro-area inflation has been vanquished ...
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Paid articlePaid European banks want EU to designate them a 'strategic' sector: European Banks are calling on the European Union to designate them a critically important ...
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EU looking to expand sanctions on Iran following attack on Israel: The European Union will "start the necessary work" to hit Iran with heavier ...
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Fed's rate-cut foot-dragging grates on global peers at IMF meetings: Finance chiefs from economies large and small are scrambling to keep pace with the Federal ...
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EU approves major overhaul of migration rules: The new rules are designed to make EU states share responsibility for hosting asylum seekers.
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Quick Glance: EU Parliament Approves Comprehensive Reforms to Migration Policy
- The EU Parliament has approved significant measures to reform migration policy, aiming to enhance handling irregular migration.
- The reforms aim to distribute the burden on countries that historically hosted the most asylum seekers, particularly in southern EU nations.
- Despite the limited scope of some reforms, the solidarity mechanism is expected to build trust between member states and create some harmony.
- Implementation of the reforms will take time and ultimately depend on member states, potentially leading to political tensions.
Dollar's dominant reserve currency status to endure, says Morgan Stanley: The U.S. dollar's dominant reserve currency status is likely to endure partly because ...
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Belgium, Czechia ask EU to step in against Russia's elections interference: The governments of Belgium and Czechia sent a letter to other EU leaders on ...
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ECB to Watch Geopolitical Risk When Cutting Rates, Villeroy Says - Bloomberg: The European Central Bank will monitor geopolitical risks as it embarks on ...
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EU to Consider New State Aid Fund to Boost Bloc-Wide Investments: European Union leaders will discuss this week an option to amend its strict state-aid rules by ...
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🔴 Live: EU to impose new sanctions on Iran drone, missile producers: European Union leaders agreed Wednesday to impose new sanctions on Iran's drone and missile ...
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US proposes debt to fund Ukraine using profits from frozen Russian assets: Hope that Washington’s idea could generate tens of billions in cash for Kyiv
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'Zionist fascist:' Jewish delegate run out of European student event: The European Union of Jewish Students said that its delegation had been publicly humiliated ...
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'Armenia is pivoting to the West. It's time for Europe to step up': In an op-ed for 'Le Monde,' former NATO Secretary-General, Anders Fogh Rasmussen ...
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TV duel between Höcke and Voigt: dispute over EU and migration: Thuringia's leading candidates Björn Höcke, AfD, and Mario Voigt, CDU, argue in a TV duel about ...
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Quick Glance: Voigt accuses Höcke of 'dilly-dallying' after TV duel
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- Voigt highlights differences between CDU and Höcke's far-right extremist group.
- Poll shows 29% support for AfD in Thuringia despite Höcke's extremism.
- Voigt advocates for reason and warns against chaos from exiting Euro and EU.
EU countries to pledge help for solar sector, but no trade curbs on China, draft shows
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What happens if Ukraine loses?: Russian victory would be debilitating for the West, and especially for Europe
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Will Zimbabwe’s new ZiG currency be a hit or another failure?: Zimbabwe’s new currency, the ZiG, made its debut month and a number of Zim economists have given ...
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Raiffeisen expects push from ECB to cut back on activities in Russia: Austria's Raiffeisen Bank International (RBI) said on April 18 that it expects a ...
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Wider war in Europe ‘no longer a fantasy’, warns EU’s top diplomat: Josep Borrell says Russia threatens the continent beyond the conflict in Ukraine
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Seven contenders for the top job in the European Commission: The position of Commission Head will be reassigned after the EU elections. Who is in competition ...
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EU court rules in favour of Russian oligarchs Fridman and Aven in blow to sanctions regime
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Dollar hits 34-year high against yen after US inflation data: Move past ¥153 sparks speculation that Japan could intervene to support currency
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ECB's Simkus says several interest rate cuts are most likely: The European Central Bank will most likely cut interest rates several times, but it does not need ...
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ECB's Vasle sees rates much closer to 3% at year-end: The European Central Bank deposit rate should be "much closer" to 3% by the end of the year from a record ...
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ECB’s Centeno Says It’s About Time to Change Monetary Policy: The European Central Bank should start lowering interest rates soon, according to Governing Council ...
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Paid articlePaid EU Braces for Slovakia’s Shift Toward Russia: Welcome to the Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart of the European Union ...
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