Author: Euronews

Published on 18/07/2025 – 16:12 GMT+2 ADVERTISEMENT Germany’s Chancellor Friedrich Merz said that his top priority for this election period is to pull Germany out of recession and strengthen European defence. Speaking to journalists at the chancellor’s traditional summer briefing on Friday, the German leader delivered a sharp criticism of the EU, which he said is “too rule-heavy, too bureaucratic, too slow” to solve its citizens’ problems. He also emphasised that the migration issue needed to be solved. Merz pointed out that Germany is controlling its border with Poland, while Poland in turn is beefing up defences along the border…

Netflix on Thursday announced nearly 50% profit growth for the last quarter as the video streaming service’s more than 300 million subscribers have become increasingly attractive to advertisers.

By&nbspEuronews Published on 17/07/2025 – 16:26 GMT+2 ADVERTISEMENT The arrest of Varna’s Mayor Blagomir Kotsev has escalated from a local courtroom drama into a regional diplomatic flashpoint, as protests sweep Bulgaria and extend to Brussels, Germany and the UK. Kotsev, a prominent figure from the opposition “We Continue the Change – Democratic Bulgaria” party, was detained on 8 July on allegations of embezzling public procurement funds through a catering contract. He has firmly denied all charges, describing the case as politically motivated. The controversy deepened when a key witness later admitted their testimony had been coerced. On Thursday, during a…

ADVERTISEMENT US stocks dipped temporarily on Wednesday following rumours that the US President is preparing to fire the Chair of the Federal Reserve, Jerome Powell. But later, President Donald Trump said that he was “highly unlikely” to fire Powell. He made the public statement less than 24 hours after suggesting in a private meeting that he was leaning in favour of dismissing the head of the nation’s central bank. Trump confirmed in a White House meeting Tuesday night with about a dozen House Republicans, that he had discussed the “concept” of dismissing Powell, because of his refusal to lower interest…

The new budget will be more flexible to cope with unforeseen crises.

By&nbspEuronews Business&nbspwith&nbspAP Published on 16/07/2025 – 10:54 GMT+2ADVERTISEMENTSenate Republicans on Tuesday advanced President Donald Trump’s request to cancel some $9 billion in previously approved spending, overcoming concerns from some lawmakers about what the rescissions could mean for impoverished people around the globe and for public radio and television stations in their home states.The Senate vote was 50-50, with Vice President JD Vance breaking the tie.A final vote in the Senate could occur as early as Wednesday. The bill would then return to the House for another vote before it would go to Trump’s desk for his signature before a Friday…

Published on 15/07/2025 – 15:13 GMT+2ADVERTISEMENTGermany’s highest court rejected a case on Tuesday brought by Yemeni plaintiffs who argued the German government failed in its duty to protect relatives who they say were killed in a 2012 drone strike that was carried out with help from a US military base in Germany.Ruling in a case that has been making its way through the German judicial system for over a decade, the Federal Constitutional Court found the German government can have a concrete duty to protect foreign citizens abroad in some cases.However, the court said that this could only apply when…

The factory in Oppama, Japan, employs approximately 2,400 people, who will lose their jobs in March 2028. Car production will move to another Nissan plant in southwestern Japan.

The president of the European Commission Ursula von der Leyen said the EU would not impose retaliatory tariffs on US imports before 1 August, allowing time for negotiation.

European countries and the US are ramping up efforts to reduce reliance on China for these resources.