Europe’s generous welfare states are coming under increasing strain as weak economic growth collides with rising demands on government budgets, particularly from aging populations.
There is an ongoing debate in Europe about how best to handle the incoming Trump administration. Some argue that Trump should be, in effect, bought off. Christine Lagarde, the president of the European Central Bank,
But given Trump’s intent to impose broad tariffs, the continent may well face major economic risks from incoherent American macroeconomic and trade policies that disrupt the global economy on which Europe depends.
Aschbacher was asked during the briefing about the alliance of President-elect Donald Trump, SpaceX founder Elon Musk and Jared Isaacman, nominated to become the new NASA administrator, and specifically about potential changes to the United States' moon exploration strategy.
The coming year will be a challenging one. Europe needs the United States, but Donald Trump's reelection as U.S. president has complicated this alliance. The continent must rethink and renew its transatlantic relationship.
Still, the official announcement declined to use the word war to characterize Moscow’s activities outside Ukraine. Instead, the EU condemned Russians’ “destabilising” and “malicious actions.” The inability to describe acts of war as acts of war is part of a culture of distortion and denial regarding the subject of state-sponsored violence.
Both resent the asymmetrical Chinese approach to global commerce, based on a mercantilism that would never allow Europe and the United States to treat China as it does both. The Europeans and the Americans are both worried about a vastly expanding ...
The rise of American airports is also due to their strong infrastructure, which makes it easier to handle large numbers of passengers.
Elon Musk and MAGA are already disrupting the status quo, and Europe seems ill-prepared. For the last decade or more, Europe’s governments have been trying to resist covert influence operations from adversaries like Russia and China.
Oil prices rose more than 1% on Thursday as cold weather gripped parts of the United States and Europe, boosting winter fuel demand.
The change comes as the European Union’s new European Travel Information and Authorisation System (ETIAS) is set to start later this year and as the United Kingdom's now-required Electronic Travel Authorisation (ETA) went live Wednesday, Jan. 8.
In 2025, Europe is expected to experience weak economic growth due to tighter fiscal policies and trade barriers. We expect significant political volatility in key economies like France and Germany, impacting economic reforms and infrastructure investments.