European markets set to start the last trading week of 2025 in flat territory
European stocks are expected to start the last trading week of the year in flat territory. Source link
Foreign policy
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U.S. bans visas for ex-EU commissioner over alleged censorship
A former EU commissioner has hit back after receiving a U.S. visa ban for alleged censorship. The Trump administration imposed visa bans on Thierry Breton, a former European Union commissioner behind the Digital Services Act (DSA), and four anti-disinformation campaigners, accusing them of censoring U.S. social media platforms. “The State Department is taking decisive action…
What a Russia-Ukraine peace deal could mean for Europe’s gas supplies
Europe is pressing ahead with plans to ban Russian gas imports by the end of 2027, effectively capping Moscow’s energy future in the region and leaving a bevy of stranded assets in its wake. The dual Nord Stream 1 and 2 subsea pipelines were early casualties of Russia’s invasion of Ukraine, with the infrastructure being…
China slaps tariffs of up to 42.7% on EU dairy products
French cheeses displayed in a store in Paris. Bertrand Guay | Afp | Getty Images China announced tariffs of up to 42.7% on dairy products from the European Union Monday, following the results of an anti-subsidy investigation that began in August 2024. In a statement by the country’s Ministry of Commerce, China said that EU…
European Union approves over $105 billion toward Ukraine aid package for next two years
Demonstrators holding flags of Ukraine and the European Union on the Boulevard du Temple in Paris, France on Feb. 23, 2025. Amaury Cornu | Afp | Getty Images European Union countries will allocate 90 billion euros ($105.5 billion) in aid to Ukraine for 2026 and 2027, EU Council President Antonio Costa said on Friday. “We…
Pentagon gets investment stake in Korea Zinc refinery in Tennessee
The Defense Department is getting a 40% stake in a $7.4 billion mineral smelter to be built in Tennessee in partnership with Korea Zinc, Reuters reported Monday. The critical minerals smelting and processing facility could produce 540,000 tons of materials in the U.S. per year, according to the U.S. Commerce Department. The deal comes as…
Ukraine gives up joining NATO in bid to shift the dial in peace talks
Ukrainian President Volodymyr Zelenskyy meets with British Prime Minister Keir Starmer, French President Emmanuel Macron, and German Chancellor Friedrich Merz at 10 Downing Street, in London, Britain, December 8, 2025. Toby Melville | Reuters Ukraine has said it’s willing to give up its aspirations to join NATO in return for security guarantees, as part of…
Inside Trump’s plans to make U.S. shipbuilding industry great again
President Donald Trump has vowed to lead a revival in U.S. shipbuilding, but the success of this manufacturing renaissance in a key sector for national security will rely on the expertise from overseas. The administration’s goal of a shipbuilding boom is a part of Trump’s “Make America Great” policy agenda. Trump signed an executive order…
Good that Trump’s security strategy scared Europe, David Petraeus says
Gen. David Petraeus, Former CIA Director, Fmr. Central Commander and American commander in Iraq. Adam Jeffery | CNBC The White House’s new national security strategy gave Europe a scare last week as it warned the region faced “civilizational erasure” and questioned whether it could remain a geopolitical partner for America. The document shocked allies on the…
Trump criticism of European leaders as ‘weak’ comes at the worst time
U.S. President Donald Trump and Ukrainian President Volodymyr Zelenskyy pose for a picture with European leaders following a meeting in the Oval Office at the White House on August 18, 2025 in Washington, DC. Win McNamee | Getty Images While it’s been clear to Europe for some time that U.S. President Donald Trump is not…