Poland faces fiscal strain amid deep political divisions
Poland’s public deficit hit 6.6% of GDP in 2024, driven by defence and social spending. Rising debt, polarised politics, and stalled reforms have raised concerns among ratings agencies
Nicușor Dan Sworn in as Romania’s President After Political Turmoil
Mace | 26th May 2025 | International
Nicușor Dan has been inaugurated as Romania’s new president, ending months of political instability. Elected on a pro-European platform, he now faces urgent economic challenges and a fragmented parliament. His agenda includes cutting the deficit, reaffirming NATO ties, and navigating internal divisions to restore stability.
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Trump mulls new sanctions after Russia launches massive Ukraine strike
President Donald Trump is weighing fresh sanctions on Russia following its largest aerial assault on Ukraine since the war began. The strikes killed 12 civilians and derailed peace
Tariffs Threaten Spanish Hat Exports to US Orthodox Market
Spanish hatmaker Fernández y Roche faces a 10 per cent US import tariff, jeopardising its 40-year trade with Orthodox Jewish communities. With a 50 per cent duty possible
Trump threatens trade war with 50% EU tariff and smart phone levy
Donald Trump has threatened a 50% tariff on all EU imports and a 25% levy on non-US-manufactured iPhones, triggering sharp market losses and EU warnings of retaliation. Apple
High Court Halts UK-Mauritius Deal Over Chagos Islands Amid Legal Challenge
A High Court injunction has blocked the UK from finalising a sovereignty deal to transfer the Chagos Islands to Mauritius. The legal challenge, filed by a Chagossian-born British
JPMorgan Launches Geopolitical Advisory Unit Amid Global Instability
JPMorgan Chase has created a new Centre for Geopolitics to help clients navigate international risks. Led by Derek Chollet and backed by global political figures, the unit provides
Trump pushes mega-bill to cement economic legacy — and test GOP unity
Trump’s sweeping tax-and-spending bill seeks to extend tax cuts, boost defense, and end taxes on tips—while slashing Medicaid and green subsidies. The $3T package faces GOP infighting, fiscal
How to win American souls and influence the Vatican
Trump’s Catholic allies are exerting growing influence in Rome as a new conclave approaches. Backed by wealthy donors and political operatives, they are campaigning for a more traditional
EU approves €201 billion budget amid tensions over climate goals and rising debt
The EU has agreed a €201 billion budget for 2025, prioritising research, health, education and climate action. Key programmes such as Horizon Europe and Erasmus+ receive increased funding,
Concerns about the situation in Syria rise, as the West takes action
The Council of the European Union sanctions traffickers of Captagon, a drug that funds the Syrian regime and terrorist groups
