Author: Euronews

What are the economic implications of heightened security expenditure in Europe? Euronews looks at both the advantages and drawbacks of bolstering defence budgets in the aftermath of the Ukrainian crisis. ADVERTISEMENTRussia’s invasion of Ukraine in 2022 sent shockwaves across Europe, prompting a reassessment of security priorities and defence strategies across the board. In response to the escalating tensions and evolving geopolitical landscape, most European nations have embarked on a path of increased defence spending and the EU is attempting to mount and facilitate a joint endeavour in order to solve the continental security dilemma.European countries cut spending as the threat of…

The earnings season for major US tech companies is set to commence with Netflix on 18 April. While Netflix has stopped offering guidance on its subscriber growth, the addition of users remains a pivotal metric for its earnings report. Source link

Stabilising food inflation and falling house prices both contributed to UK inflation coming down further in March, leading to renewed hopes that the Bank of England might cut rates soon. ADVERTISEMENTThe UK year-on-year inflation report for March 2024 came out on Wednesday morning, clocking in at 3.2%, according to the Office for National Statistics (ONS), marking a decline from February’s 3.4%. However, it was still above analyst estimates of 3.1%, although the lowest number since September 2021.Food inflation slowing down was one of the biggest contributors to the decline, coming down to 4% from 5% in the previous month.Regarding food and…

The EU’s 27 leaders face mounting pressure to step up efforts to protect Ukraine’s skies from Russian airstrikes, after President Zelenskyy took a jab at Western allies’ “flagging political will” over the weekend. Source link

The Dublin site will mean that IKEA’s business in Ireland will have one of the shortest delivery times in Europe, according to the firm. Source link

The European Union has strongly warned Georgia against passing a controversial “foreign influence” law. ADVERTISEMENTThe legislation would require media and non-profit organisations to register as “pursuing the interests of a foreign power” if they receive more than 20% of their funds from abroad, a provision that critics say would be exploited to target and muzzle independent voices.First proposed and later withdrawn last year by the ruling party, Georgian Dream, a nearly identical version of the law has been tabled again, prompting mass protests.Despite the growing contestation, the Georgian parliament advanced the law on Wednesday with 83 votes in favour and…

‘Cloud computing already has a bigger footprint than the aviation industry,’ warns Hewlett Packard Enterprise’s Matt Harris. Source link

Debate on the future of the Green pact reignites deep divisions between right and left-wing candidates in France. ADVERTISEMENTDebating in a packed amphitheatre at the University of Angers in western France, the six main French candidates for European elections outlined their positions on the European Green Deal. This was the third debate between the heads of the lists for the European elections on June 9 – and the first to focus entirely on the climate crisis.During the debate, all the candidates claimed their party was invested in fighting climate change.But both the far-right and conservative parties have opposed head-on the Green…

Shares in IDS, the owner of Royal Mail, rise after reports that it has received – and rejected – a bid from Czech billionaire Daniel Křetínský. Source link

A speech by Ursula von der Leyen was briefly interrupted on Wednesday by a man who accused her of being a “criminal” over her support for Israel. Source link