Author: Euronews

ADVERTISEMENTMany Swiss, from the government to chocolatiers to watchmakers and other businesses, are sensing “shock” over the tougher American position on trade, but many are also taking a wait-and-see stance.At the Festichoc chocolate festival in Geneva over the weekend, the Trump administration tariffs announced last week were on many minds, though they seemed to do little to sour the mood on Switzerland’s most famous sweets.Julie Jammes, marketing manager for Canonica, a Geneva chocolatier with three stores in San Francisco, said her company hasn’t yet made any decision on what actions might be taken. “We’re waiting a little longer, but it’s…

Read More

ADVERTISEMENTEuropean markets opened in the red on Monday morning as US President Donald Trump reiterated his commitment to eliminating US trade deficits—particularly with China—while denying any intention to fuel market turmoil.As of 10:39 CET, France’s CAC 40 was down 5.11% at 6,904.64 points, Germany’s DAX was down 5.63% at 19,486.93 points, while the FTSE 100 fell 4.74% to 7,668.92 points.”The bloodbath is in full swing, and that’s exactly what you see when you look at the European markets. There is no safe haven; equity markets have entered a complete free-fall with no clear bottom in sight. The reason we say…

Read More

ADVERTISEMENTPope Francis made a surprise appearance in St. Peter’s Square on Sunday morning during a special Jubilee Mass for the sick and health care workers.The pontiff, who was rolled into the square on a wheelchair, was making his first public appearance at the Vatican since being released from hospital two weeks earlier.As he made his way to the altar at the square, he waved at the crowd. “Good Sunday to everyone,” said the pope. “Thank you from the bottom of my heart.”The pope’s voice sounded louder and stronger than when he spoke outside Gemelli hospital on 23 March, the day…

Read More

ADVERTISEMENTEnergy bars, water, medication – the EU Commission wants citizens to have a 72-hour survival kit at home. Why? To be better prepared for possible crises such as natural disasters, industrial accidents or cyber and military attacks. But this is only on an individual level. Politically, Europe is currently taking steps to become more independent and to arm itself on all fronts. Is it working?Members of the European Parliament Zeljana Zovko (EPP) from Croatia, Sandro Gozi (Renew) from France and Evin Incir (S&D) from Sweden discussed this in this edition of our weekly talk show, this time from the EP…

Read More

ADVERTISEMENTGreece’s coastguard said on Friday that a search and rescue operation off the island of Lesbos has still not found any trace of a child reported missing after a dinghy carrying migrants sank, killing seven people.The search continued for a second day after survivors told authorities there had been a total of 31 people in the small rubber boat.A coastguard patrol boat came across the vessel, measuring about five metres in length, in the early hours of Thursday morning when it was already taking on water and most of its passengers had fallen into the sea, the coastguard said.Greek authorities…

Read More

ADVERTISEMENTPresident Donald Trump offered a rosy assessment after the stock market dropped sharply Thursday over his tariffs, saying, “I think it’s going very well”.“The markets are going to boom, the stock is going to boom, the country is going to boom,” he said, when asked about the market as he left the White House to fly to one of his Florida golf clubs.The Dow Jones Industrial Average dropped more than 1,600 points on Thursday as US stocks led a worldwide selloff after the Republican president’s announcement of tariffs against much of the world ignited a shock like none seen since…

Read More