President Donald Trump views this week's meeting with Chinese President Xi Jinping as a chance to see where Beijing stands on the countries' trade war, and is "comfortable with any outcome" from the talks, a senior U.S. official said on Monday. He plans to meet Russian President Vladimir Putin, Saudi Crown Prince Mohammed bin Salman and Turkish President Tayyip...
*Lowest reading since November 2014. BERLIN, June 24- German business morale fell to its lowest level since November 2014 in June, a survey showed on Monday, adding weight to expectations that Europe's largest economy contracted in the second quarter. After nine successive years of growth, the German economy is struggling as trade disputes and a cooling world...
The U.S. president may wish to pause his Fed tweets, and leave his economic advisors to watch the central bank instead, writes Michael Ivanovitch.
The 28 national leaders in the European Union will meet again on June 30 to seek agreement on who should inherit the bloc's top jobs.
BRUSSELS, June 21- European Union leaders will meet again on June 30 to seek agreement on who should inherit the bloc's top jobs- including the head of its central bank- after failing to get a deal in talks dragging into the small hours on Friday. The 28 national leaders meeting in Brussels for secret deliberations- no aides or phones allowed- remained at odds over who...
BRUSSELS, June 20- A push by most European Union nations for the world's biggest economic bloc to go carbon-neutral by 2050 was dropped to a footnote at a summit on Thursday after fierce resistance from Poland, the Czech Republic and Hungary. EU leaders called on the European Investment Bank to increase climate funding and acknowledged vast differences in the...
BRUSSELS, June 21- European Union leaders will meet again on June 30 to seek agreement on who should inherit the bloc's top jobs- including the head of its central bank- after failing to get a deal at the second attempt in talks dragging into the small hours on Friday. The prominent positions, including the head of the European Central Bank and the EU's executive...
BRUSSELS, June 20- EU leaders hoping for the bloc to lead the fight against global warming by agreeing on Thursday to go carbon neutral by 2050 engaged in last-ditch diplomacy to ease fears among central and eastern states that doing so could cost jobs. Chancellor Angela Merkel who, mindful of Germany's powerful automotive sector, had long been hesitant to join...
*Roles include presidencies of ECB and European Commission. BRUSSELS, June 20- Chances of EU leaders agreeing on Thursday on who should inherit the bloc's top jobs- including the head of its central bank- appeared vanishingly slim, as France and Germany cast doubt on any imminent deal and Ireland said electing a pope would be easier. The 28 national leaders meet in...
BRUSSELS, June 20- EU nations hoping to help lead the fight against global warming by agreeing to go carbon neutral by 2050 at a summit on Thursday engaged in last-ditch diplomacy to ease fears among central and eastern states that such a commitment could cost jobs. Chancellor Angela Merkel who, mindful of Germany's powerful automotive sector, had long been...
BRUSSELS, June 20- The European Union's 28 national leaders meet in Brussels on Thursday to haggle over how ambitious their climate goals should be and who should navigate the bloc in coming years. Power centers Berlin and Paris are at odds over who should take over the executive European Commission later this year, with German Chancellor Angela Merkel backing...
SINTRA, Portugal, June 19- Mario Draghi is seeing out the final weeks of his tenure in charge of the European Central Bank, but his overt hint of more stimulus to come could mean his influence is felt on ECB policy long after he has left the bank's Frankfurt home. Fresh stimulus would protect the Draghi legacy at least for some time if a hawk like Germany's Jens...
BERLIN, June 19- A senior lawmaker from Chancellor Angela Merkel's conservative bloc on Wednesday accused ECB President Mario Draghi of sending an "alarming" signal about future euro zone monetary policy, essentially tying his successor's hands. Draghi said on Tuesday the European Central Bank would ease policy again if inflation failed to accelerate,...
BERLIN, June 19- A senior lawmaker from Chancellor Angela Merkel's conservative bloc on Wednesday accused ECB President Mario Draghi of sending an "alarming" signal about future euro zone monetary policy, essentially tying his successor's hands. Draghi said on Tuesday the European Central Bank would ease policy again if inflation failed to accelerate,...
BERLIN, June 19- A senior lawmaker from Chancellor Angela Merkel's conservative bloc on Wednesday accused European Central Bank President Mario Draghi of sending an "alarming" signal about future monetary policy and essentially tying the hands of his successor. Draghi told an ECB conference on Tuesday that the central bank would ease policy again if...
PARIS, June 17- Spain on Monday joined a Franco-German project to build a next-generation fighter jet, an initiative touted as key to ensuring Europe can defend itself without depending on allies in an increasingly uncertain world. The defence ministers of France, Germany and Spain signed an accord launching a trilateral framework of cooperation at the Paris...
The defense ministers of France, Germany and Spain signed an accord launching a trilateral framework of cooperation at the Paris Airshow, sat in front of a mock-up of the jet and with French President Emmanuel Macron applauding behind them. Dassault and Airbus have delivered a joint industrial proposal to the governments of France and Germany.
The outlook for Germany's economy and political stability are more uncertain than ever, writes Michael Ivanovitch.
GOERLITZ, Germany, June 16- Chancellor Angela Merkel's conservatives on Sunday won a run-off vote for mayor in a small town in the east of the country, beating the far-right, anti-immigration Alternative for Germany party. The vote in Goerlitz, a town with cobbled streets that has become a favorite location for Hollywood film directors, is seen as a pointer for...
BRUSSELS, June 11- The outgoing European Union chief executive said on Tuesday the bloc should focus on meeting its 2030 existing targets before ramping up long-term climate ambitions. "We should focus and concentrate on 2030," European Commission President Jean-Claude Juncker said at a Politico event. Brussels is due this month to publish its assessment of...
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