Author: Euronews

The European Parliament is “looking into allegations” that some of its members were paid by a Russian propaganda network foiled earlier this week by Czech authorities, its press services confirmed to Euronews. Source link

A more cautious approach to spending in China could result in lower sales in the country until the end of the year, the Swiss watchmaker is warning. ADVERTISEMENTChinese consumers are becoming more cautious when it comes to spending on big-ticket items such as luxury goods, Swatch has warned.The increased cost of living, as well as a slowing economy still dealing with the lingering effects of the Covid-19 pandemic, have significantly contributed to this, the Swiss watchmaker explained.Increasing youth unemployment, as well as a struggling property sector has ensured that consumers are now thinking much more before making a purchase, preferring…

Farmers’ protest and the postponement of the vote on the Nature Restoration Law showed, this week, how the European Green Deal can be a target of misunderstanding and contestation. ADVERTISEMENTWhat used to be an extraordinary exception now appears to have become an almost monthly tradition at the European Union headquarters in Brussels: hundreds of tractors on the streets and farmers resorting to sometimes violent actions.This display of anger served to attract the attention of agriculture ministers, who were in the city this week to discuss new measures to respond to farmers’ complaints over lost income and red tape.Although farmers have…

The fallout began last July after President Putin ordered the “temporary” takeover of Carlsberg which then ended its licensing agreement with Baltika. Source link

The destruction of the bridge spurred a flurry of conspiracy theories – one conspiracy theory that gained a lot of traction on social media is that Ukraine might be to blame. ADVERTISEMENTA container ship named Dali lost propulsion and crashed into a pillar of Batimore’s Francis Scott Key bridge on March 26th – killing at least six people. Very quickly, social media users started blaming everyone and anyone for the incident – from the liberals to Israel to Ukraine.One such example that has gone viral is that Kyiv is behind the following allegations the captain of the ship is of Ukrainian…

Elon Musk’s increasingly controversial reputation has led to a steep drop in the number of customers considering buying a Tesla. Source link

Strengthening Europe’s military may be an imperative in the coming years – but EU ambitions face multiple legal, political and financial hurdles. Source link

Italy’s inflation rate rose to 1.3% in March compared to a year ago, albeit at a slower pace than anticipated. ADVERTISEMENTThere’s perhaps no better example of a ‘soft landing’ than the current state of the Italian economy.While Italy’s economic activity has significantly decelerated from the elevated post-pandemic growth rates observed in 2021 and 2022, it has done so just enough to effectively ease inflation without triggering a recession.Essentially, it has achieved a delicate balance, something central bankers have long aimed for when dealing with high price pressures.Inflation trends in ItalyItaly’s annual consumer inflation rate came in at 1.3% in March…

In this edition, we examine the decision to kick off EU membership talks with Bosnia and ask if the bloc can fix itself first. ADVERTISEMENTThis week, we are joined by Montenegrin Ambassador Petar Marković, Professor Kalypso Nicolaïdis from the European University Institute in Florence and Teona Lavrelashvili, a member of Belgian centre-right political party Les Engagés.Panelists reflected on the recent EU summit that decided to start membership talks with Bosnia and Herzegovina, and on the other hopefuls looking to join the bloc – including four other countries in the western Balkans, Georgia, Moldova, war-torn Ukraine and Turkey. “European citizens don’t really care…

In Europe, egg prices are 10% to 15% lower than last year but still about double what they were in 2021 ADVERTISEMENTEgg prices are at near-historic highs in many parts of the world as the spring holidays approach, reflecting a market scrambled by disease, high demand and growing costs for farmers.It’s the second year in a row consumers have faced sticker shock ahead of Easter and Passover, both occasions in which eggs play prominent roles.While global prices are lower than they were at this time last year, they remain elevated, said Nan-Dirk Mulder, a senior global specialist with Dutch financial…