ECB Slashes Rates Again Amid Escalating Economic Clouds
The European Central Bank (ECB) cut its key interest rate by 25 basis points to 2.25%, citing deteriorating growth due to trade tensions and global uncertainty. This marks
EU Weighs Seizing Frozen Russian Assets to Fund Ukraine’s Reconstruction
Mace | 26th February 2025 | Kyiv, Uncategorised
EU eyes €200 billion in frozen Russian assets to rebuild Ukraine—risking legal battles and global financial shockwaves.
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Trump’s hint at auto tariff pause fuels optimism
President Trump has suggested a potential pause on auto tariffs, sparking optimism in the auto industry and financial markets. While the proposal remains unconfirmed, it could ease industry
“Give negotiations a chance”
European Commission President Ursula von der Leyen addressed the EU’s planned 25% tariffs on €21 billion of U.S. goods with a mix of defiance and diplomacy. She clarified
Jordan Bardella: the hope of the French right
Marine Le Pen’s shock conviction for embezzling EU funds, with a five-year ban from public office, shook France’s political landscape. While Le Pen vows to appeal, her legal
Australia to China: No Hand-Holding in Trump’s Trade War
Australia has rejected China’s call to unite against Trump’s escalating tariffs, with Defence Minister Richard Marles stating, “We’re not about to make common cause with China.” Beijing sought
Global Fallout from U.S. Tariffs Sends Ripple Effects Across Economies
The U.S. had launched a tariff blitz with 104% levies on Chinese goods, rattling global markets as China hit back with steep retaliatory measures. Allies from the EU
Peer’s Nuclear Energy Advocacy Sparks Debate
Conservative peer Olivia Bloomfield faces scrutiny over her ties to Terrestrial Energy, raising questions about lobbying, conflicts of interest, and the revolving door between politics and industry. Her
Trump: “The Operation Is Over” — But Recession Fears Deepen
President Trump likens the U.S. economy to a patient recovering from surgery as tariffs bite. Critics warn the treatment may kill the patient before healing begins.
Major U.S. Law Firms Enter Agreements with Trump Administration Amid Executive Order Threats
Top U.S. law firms are striking multimillion-dollar deals with the Trump administration, curbing DEI policies and offering pro bono work to avoid punitive executive orders. The moves have
Markets Tank as Trump Tariffs Ignite Global Trade Showdown
Global stock markets plunged after President Trump imposed sweeping tariffs under emergency powers, including a baseline 10% levy and up to 54% on Chinese imports. China retaliated with
