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Economy

“Farmers set fires and attack barriers near EU summit as anger spreads”

“Farmers threw eggs and stones at the European Parliament on Thursday, starting fires near the building and setting off fireworks amid protests to press a summit of European Union leaders to do more to help them with taxes and rising… Continue Reading…

Economy

“EU economics chief says Europe is gripped by a ‘double crisis’…”

“…“I think we are we facing the impact of the double crisis,” Gentiloni said in reference to the geopolitical impact from Russia’s full-scale invasion of Ukraine and the subsequent economic hit to the European continent. “From a geopolitical point of… Continue Reading…

Business

“Meta fined a record $1.3 billion over EU user data transfers to the U.S.”

“Meta has been fined a record 1.2 billion euros ($1.3 billion) by European privacy regulators over the transfer of EU user data to the U.S. The decision links back to a case brought by Austrian privacy campaigner Max Schrems who… Continue Reading…

Economy, Energy

“EU agrees to decarbonize air travel with the ‘world’s largest green fuels mandate for aviation’”

“European Union negotiators secured a deal to decarbonize the air travel sector, seeking to slash heat-trapping emissions by stimulating the region’s green aviation fuel market. The agreement on the so-called ReFuelEU Aviation proposal followed late night talks on Tuesday and… Continue Reading…

Business, Economy

“British semiconductor bosses threaten to move overseas as U.S. and EU splurge on chips”

“The U.K.’s semiconductor industry is crying out for financial support from the government, with insiders warning the country risks losing its microchip firms to the U.S. and other countries if it doesn’t act soon… Pragmatic Semiconductor, a Cambridge, England-based startup… Continue Reading…

Real Estate

“Sweden Housing Crisis Is Cratering The EU Economy”

“EDITOR’S NOTE: America may be going through its own housing recession, but in Sweden, its domestic housing crisis is so severe, it’s cratering a sizable chunk of the EU’s economy. Similar to the 2008 subprime crisis in the US, Sweden’s… Continue Reading…