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Author: Euronews
A recent boycott campaign in Italy against a large pasta brand has caused a social media stir after a senior Italian politician visited the factory. But in fact, how powerful can a boycott campaign be on brands? ADVERTISEMENTOne of Italy’s most popular pasta makers, Rummo, which exports its products to more than 60 countries worldwide, has recently become the target of a social media boycott campaign.Italian Deputy Prime Minister and right-wing League leader, Matteo Salvini, visited the pasta factory last Friday, and shared a video of the site on his social media accounts. He said: “The scent doesn’t reach you, though, in the…
It is “premature” for NATO allies to make “conclusions” about the impact of Donald Trump’s potential return on the military alliance, its US Ambassador has told Euronews. ADVERTISEMENTJulianne Smith told Euronews in an interview on Thursday that she would “hesitate to make any predictions” about November’s US presidential elections. “There’s always the difference between what candidates say on the campaign trail and what actually transpires should they assume a leadership role,” Smith said from NATO’s headquarters in Brussels. Her remarks came as former US president and current Republican frontrunner Donald Trump widened his lead over Biden in the early polls.Trump, a NATO…
The ECB President warned that the European economy most likely experienced stagflation in the last quarter of 2023 and outlined the risks of further economic slowdown. ADVERTISEMENTThe European Central Bank (ECB) is proceeding with caution in the face of global economic uncertainties, according to President Christine Lagarde. She has emphasised that, while the disinflation process is underway, the ECB remains committed to a data-dependent approach and will make decisions on a meeting-by-meeting basis.In its January meeting, the ECB maintained interest rates at their current level for the third consecutive time, in line with market expectations. Lagarde indicated no explicit direction…
MEPs grill Commissioners over ‘background deal’ with Viktor Orbán to free billions in frozen funds
Members of the European Parliament spent Wednesday afternoon grilling three Commissioners over what they described as a “background deal” with Viktor Orbán to release frozen EU funds. ADVERTISEMENTCommissioners Didier Reynders (Justice), Nicolas Schmit (Jobs) and Johannes Hahn (Budget) were questioned over the decision to unblock cash for Hungary, which the European Commission had previously paralysed over persistent rule-of-law concerns.The main point of contention was the particular timing of the mid-December decision to release €10.2 billion in reaction to the judicial reform to decrease political interference that Budapest adopted,which was taken one day before a high-stakes summit of EU leaders.The overhaul was…
AI, sustainability, and cybersecurity are on the rise, said LinkedIn in its latest report about job market prospects for 2024. ADVERTISEMENTThe job market is going through a speedy transformation in Europe as competition for jobs has doubled in the last year, with new positions popping up that didn’t exist 20 years ago, according to LinkedIn’s latest survey.Looking to the year ahead, the fastest-growing positions are related to sustainability, AI and business development, forecasted the employment-focused social platform.LinkedIn carried out research examining millions of jobs started by its members between 1 January 2019 and 31 July 2023 to calculate a growth…
Farmers held demonstrations outside the European Parliament in Brussels on Wednesday as protests against environmental legislation and other grievances spread across the continent. ADVERTISEMENTWhile the event was smaller in size compared to similar demonstrations seen recently in Germany, France and Romania, the presence of a handful of Members of the European Parliament (MEPs) from far-right groups signalled that farmers’ disgruntlement is shaping the political agenda.Demonstrators spoke of brewing discontent with the EU’s flagship Green Deal policies as well as free trade deals with third countries, citing damage to their markets and incomes.In France, farmers have cut off major roads in…
The opinions expressed in this article are those of the author and do not represent in any way the editorial position of Euronews. The most effective RTO policy is to make working at the office feel more like working from home, Samu Hällfors writes. ADVERTISEMENTAs more and more firms enact strict Return-to-Office mandates, the ultimate costs of these new policies are coming to light. Forcing employees back to the office is, in most companies, creating an exodus of talent.Employees are standing their ground: dating app Grindr saw nearly half of its workforce quit after the company mandated that all workers…
The opinions expressed in this article are those of the author and do not represent in any way the editorial position of Euronews. Borrell is openly and candidly saying that the creation of a Palestinian state is both the means and ends of the process — all other pesky issues, such as peace, prosperity and security, for both Israelis and Palestinians, are just a side issue, Ohad Tal writes. ADVERTISEMENTSometimes in life, there are extreme moments of clarity.The invasion of death, kidnap and rape squads by Hamas into Israel on 7 October was such a moment. For many years, the conception…
Several European countries reported upbeat services and manufacturing data, the last indicators ahead of the ECB’s monetary policy meeting on Thursday. ADVERTISEMENTMajor European economies expect improvement in their manufacturing sector, according to the latest flash purchasing managers’ indices (PMI) from Germany, France the UK and the Eurozone for January, which register sentiment among businesses. Although most of the data was fairly optimistic and showed advances from December, the majority of the numbers were still in contraction territory, sitting below 50. The services sector PMIs, however, suggested further deterioration across the bloc. Germany manufacturing PMI hits 11-month highThe German HCOB manufacturing PMI rose to 45.4…
EU set to tighten scrutiny over foreign investments in key sectors with new economic security plans
The EU’s executive has ventured further into the realm of national security with new rules to oversee, examine and possibly prohibit foreign investments in strategic sectors, like AI, microchips and biotech. ADVERTISEMENTThe European Commission on Wednesday unveiled a new proposal that would provide it and member states with a more detailed picture of foreign direct investment (FDI) that carries high risks for security and public order.Quantum technology, cloud computing, robots, drones, virtual reality, advanced sensors, 6G networks, nuclear fusion, hydrogen, batteries and space surveillance, as well as military equipment, would also fall under the legislation.The level of risk would be…