The EU now faces a real risk of recession. If there’s any silver lining, it may give the continent a much-needed push towards renewable energy development, but even this will depend on how national ...

MILAN (Reuters) -Banks across the European Union are strong enough to weather an economic shock driven by geopolitical and trade tensions, the European Banking Authority said on Friday as it presented ...

A van carrier transports a container from shipping company MSC between countless containers at the Tollerort container terminal in the port of Hamburg, Germany, on July 9, 2025. (Marcus Brandt / dpa ...

European banks have been battered in the wake of U.S. President Donald Trump's sweeping and more-aggressive-than-anticipated tariffs. In Switzerland, which faces a U.S. tariff of at least 31% under ...

January retail sales readings (-9.1% y/y) sent an extremely negative message among analysts, some of whom consider the possibility of a negative economic growth rate for the entire year. The Middle ...

Back in April, President Donald Trump staged one of his more absurd performances as president — proclaiming “Liberation Day” from international trade abuses and announcing a slew of new tariffs on ...

Europe could be pushed into recession if Russia's gas squeeze widens, economists have suggested, after Gazprom cut off flows to Poland and Bulgaria. Stream Los Angeles News for free, 24/7, wherever ...

MOSCOW, April 9. /TASS/. Donald Trump’s trade escalation may lead to a global recession; Europe actively seeks to advance the idea of a future ‘war with Russia;’ and the US, Iran are expected to hold ...

European banks have been battered in the wake of U.S. President Donald Trump's sweeping and more-aggressive-than-anticipated tariffs. Stream Los Angeles News for free, 24/7, wherever you are. In ...