Author: Euronews

Russia launched an offensive in the Kharkiv region late last week, significantly adding to the pressure on Ukraine’s outnumbered and outgunned forces which are waiting for deliveries of weapons and ammunition from Western partners. Source link

Ferrovial is planning to sell its stake in three UK regional airports amid difficulties in finalising its £2.4bn sale of a 25% stake in Heathrow. ADVERTISEMENTSpanish infrastructure company Ferrovial is reportedly putting up for sale its three regional British airports of Aberdeen, Glasgow, and Southampton (AGS), according a report in the Telegraph.AGS, jointly owned by Ferrovial and Macquarie, will be sold as a single entity in a process overseen by bankers at Credit Agricole and Solomon Partners and expected to commence in the coming weeks, a source close to the situation was reported as saying. Ferrovial and Macquarie acquired the company…

While European Council President Charles Michel expressed his condolences over the death of Iran’s Ebrahim Raisi, not all members of the European Parliament were in agreement with his message of sympathy. ADVERTISEMENTThe death of Iran’s President Ebrahim Raisi and his Foreign Minister Hossein Amir Abdollahian in a fog-enveloped helicopter crash on Sunday provoked a mixture of reactions from the West.Among them, the European Commission’s Copernicus Emergency Management Service, which provides geospatial data and imagery for disaster management, announced it would offer mapping services to assist in the search and rescue operation for Raisi. European Commissioner for Crisis Management Janez Lenarčič clarified on X…

UK inflation data due on Wednesday is expected to fall close to the government’s 2% target. Almost three years on from the start of price spikes, how has the economy changed? ADVERTISEMENTAfter a long, gruelling wait, markets and policy makers are expecting the UK’s Office for National Statistics to deliver good news this week.For the first time since July 2021, experts hope the country’s inflation rate will return below – or close to – the state’s target of 2%.Such a result would signal the end of a prolonged price crisis, which peaked with rates at 11.1% in October 2022, a…

Spain’s far-right Vox party held an event in the outskirts of Spain’s capital Sunday, bringing together hard-wing figures from across Europe (and Argentina’s Milei) in a bid to rally the party’s base ahead of June’s European elections. Source link

The IMF urges Italy to address its growing public debt, projected to reach 145% of GDP. The Fund calls for urgent fiscal adjustments and structural reforms to ensure economic stability and long-term debt sustainability. ADVERTISEMENTThe International Monetary Fund (IMF) has issued a stern warning to Italy, highlighting the need for swift and decisive fiscal reforms to address its escalating public debt.In its concluding statement following the 2024 Article IV consultation mission to Italy, the IMF noted that Italy’s economy has demonstrated resilience by recovering from the dual impacts of the pandemic and rising energy prices. This recovery has been largely…

By embracing those who advocate for the erosion of democracy, VDL now aligns with figures who cloak themselves as quintessential Europeanists, ready to steer Europe through its future policy challenges. What could possibly go wrong, Giorgios Samaras writes. Source link

Nvidia is set to release its first-quarter earnings for the fiscal year 2025 this week. Investors will be particularly focused on the performance of its data centre. Source link

Euronews spoke with Russians living in Estonia who are eligible to vote in the EU elections about their priorities and challenges for the upcoming polls. ADVERTISEMENTEstonia is home to nearly 300,000 Russians who are actively participating in elections, including the upcoming European vote in June. Generally, they tend to vote for Russian-speaking candidates. MEP Jana Toom of the populist Estonian Centre Party (Renew Europe) is one of the most popular among candidates. Her supporters are rather pro-European and distance themselves from the Kremlin’s actions and aims.”The first thing we need is so-called political nations. We don’t have it in Estonia. In Estonia, we measure…

The parts are mostly LAN transformers, imported from Sichuan Jingweida Technology Group (JWD) which allegedly uses forced Uyghur labour. ADVERTISEMENTA number of car manufacturers, such as BMW, Jaguar Land Rover and Volkswagen have come under fire for importing cars, or car parts, from Chinese companies and supplies suspected of using forced Uyghur labour.The US has made it illegal to import goods produced by forced labour. This especially affects the north-western Xinjiang region of China, where the Turkic Uyghur people are suspected of being exploited by both companies and the Chinese government for forced labour.To further enforce this, the US came…