ECB Should Cut Rates to Weaken Euro, Italy’s Deputy Premier Says (16.07.2025)
The European Central Bank should reduce borrowing costs to help the economy by weakening the single currency, Italian Deputy Premier Antonio Tajani said.
Turkey Hands Erdogan Foe Jail Term for Prosecutor Threats (16.07.2025)
Turkey’s most popular opposition politician Istanbul Mayor Ekrem Imamoglu was sentenced to nearly two years in prison on Wednesday, after a court found him guilty of “threatening” Istanbul’s chief prosecutor.
France Adds Support for Using Most-Potent Trade Tool on US (16.07.2025)
A growing number of European Union member states want the bloc to activate its most powerful trade tool against the US should the two sides fail to reach an acceptable agreement by Aug. 1 and Donald Trump carries out his threat of 30% tariffs on the US’s largest trading partner.
Trump Says Drug Tariffs Probable by Aug. 1, Downplays More Deals (16.07.2025)
President Donald Trump said he was likely to impose tariffs on pharmaceuticals as soon as the end of the month and that levies on semiconductors could come soon as well, suggesting that those import taxes could hit alongside broad “reciprocal” rates set for implementation on Aug. 1.
Wertsicherung bei Miete: VfGH-Spruch lässt Wogen hochgehen (16.07.2025)
Das jüngste Urteil des Verfassungsgerichtshofs (VfGH) zu Wertsicherungsklauseln in Mietverträgen zieht weite Kreise. Mieterinnen und Mieter könnten 30 Jahre zurückreichend die Mieterhöhung einfordern. Die Branche geht von bis zu 800.000 betroffenen Wohnungen aus. Die Regierung sucht nach einer Lösung, doch schon jetzt zeichnet sich ab, dass nicht alle zufrieden sein werden.
Americans’ New Tax Rates Depend on Who They Are and What They Do (15.07.2025)
Boil down the hundreds of tax provisions in the sprawling legislation signed by President Donald Trump on July 4, and it becomes clear: The rates Americans pay will now depend less on how much money they make, and more on how they earn it, where they live and even who they are.
China Economy Expands 5.2% as Exports Outside US Propel Growth Above Target (15.07.2025)
China’s economic growth exceeded expectations in the second quarter, but strong exports to markets outside the US masked deepening pressure caused by weak consumer demand at home.
US Trade Wars Will Hit Households Worldwide, BOE’s Bailey Warns (15.07.2025)
US President Donald Trump’s trade war with the rest of the world is the wrong approach to addressing imbalances in the global economy and will harm households, Bank of England Governor Andrew Bailey said.
German Investor Confidence Rises in Sign of Trade Resilience (15.07.2025)
Investor confidence in Germany’s economy improved in July, highlighting resilience in the face of US tariff threats as the government in Berlin ramps up spending.
EU to Outline What Tech Can Be Used for Permanent CO2 Removal (15.07.2025)
The European Union is set to define what technologies can be used to permanently remove carbon dioxide from the atmosphere as it pursues its goal of being climate neutral by 2050.
EU to Hit Boeing (BA), US Cars, Bourbon If It Retaliates Against Trump Tariffs (15.07.2025)
The European Union has finalized a second list of countermeasures to target US goods worth €72 billion ($84 billion), including Boeing Co. aircraft, automobiles and bourbon if it decides to retaliate as transatlantic trade tensions intensify.
Trump Is Said to Ask Zelenskiy If Ukraine Can Strike Moscow (15.07.2025)
Donald Trump asked Volodymyr Zelenskiy whether Ukraine could strike Moscow, an inquiry that the White House says was merely a question but one that came hours after he voiced frustration at Russian President Vladimir Putin’s refusal to accept a ceasefire in the war.
Russia Brushes Aside Trump’s Tariff Threat Over War in Ukraine (15.07.2025)
Russia rejected pressure from Donald Trump after the US president threatened to impose stiff economic penalties on Moscow if it doesn’t end hostilities with Ukraine within 50 days, though the Kremlin indicated it would review his latest stance.
France’s Government Risks Backlash With Stringent Budget Plan (15.07.2025)
Prime Minister Francois Bayrou will outline a plan on Tuesday to sharply narrow France’s deficit, setting the stage for a parliamentary battle that risks triggering another government collapse.
Nvidia (NVDA) Plans to Resume Sales of H20 AI Chips to China (15.07.2025)
Nvidia Corp. plans to resume sales of its H20 artificial intelligence accelerator to China based on assurances from Washington that such shipments would be approved, a dramatic reversal from the Trump administration’s earlier stance.
US CPI Report June 2025: Core Inflation Rises Less Than Expected (15.07.2025)
Underlying US inflation rose by less than expected for a fifth month in June even as the details signaled companies are beginning to more meaningfully pass some tariff-related costs to consumers.
Bessent Signals Powell Should Exit the Fed Board in May (15.07.2025)
US Treasury Secretary Scott Bessent suggested that Federal Reserve Chair Jerome Powell should step down from the central bank’s board when his term as chair is up in May 2026.
Xi Urges ‘New Model’ for China Urban Development in Rare Meeting (15.07.2025)
Chinese President Xi Jinping called for the acceleration of a “new model” for property development, advocating a more measured approach to urban planning and upgrades, while falling short of investor expectations for more aggressive policies.
Trump Threatens 100% Tariffs on Russia, Pledges Arms for Ukraine (14.07.2025)
US President Donald Trump threatened to impose stiff financial penalties on Russia if it does not end hostilities with Ukraine, while pledging fresh weapons supplies for Kyiv.
EU Plans to Engage More With Other Nations Hit by US Tariffs (14.07.2025)
The EU is preparing to step up its engagement with other countries hit by Donald Trump’s tariffs following a slew of new threats to the bloc and other US trading partners, according to people familiar with the matter.
Stablecoin Bill Poised to Pass as House Kicks Off ‘Crypto Week’ (14.07.2025)
Republican House leaders anticipate passing an industry-friendly stablecoin regulatory bill this week, sending Congress’s first major digital assets legislation to the president and kicking off a series of votes on related measures that supporters have dubbed “Crypto Week.”
AI Is Already Showing Signs of Slashing Job Openings in the UK (14.07.2025)
UK businesses are dialing back hiring for jobs that are likely to be affected by the rollout of artificial intelligence, a study found, suggesting the new technology is accentuating a slowdown in the nation’s labor market.
Merz Says 30% US Tariffs Would Hit German Industry to ‘Core’ (13.07.2025)
German Chancellor Friedrich Merz said US President Donald Trump’s threat of 30% tariffs would hit exporters in Europe’s largest economy “to the core,” if a negotiated solution in the trade conflict can’t be found in the coming weeks.