Author: Euronews

US President Donald Trump confirmed 25% tariffs on vehicles not manufactured in the US, set to take effect on 2 April. Auto shares fell across Asia following the news, with the impact expected to ripple through Europe.

Many consider the case against Istanbul mayor Ekrem İmamoğlu, seen as the biggest challenger to Erdoğan’s 22-year rule, to be politically motivated. ADVERTISEMENTTurkey’s president has accused the political opposition of “sinking the economy” during the country’s biggest protests in more than a decade following the arrest of Istanbul’s mayor, Ekrem İmamoğlu.Recep Tayyip Erdoğan’s comments come after İmamoğlu’s Republican People’s Party (CHP) called for a boycott of companies it says support the government.Erdoğan said the opposition is “so desperate that they would throw the country and the nation into the fire”.In an address to lawmakers of the ruling Justice and Development Party (AK…

European markets continued to outperform their US counterparts despite the recent rebound on Wall Street. Notably, the banking and industrial sectors stand as the top two performers, driven by relatively cheaper valuations, expectations for surging defence spending, and optimistic economic outlooks. ADVERTISEMENTOn Tuesday, European stock markets snapped a three-day losing streak following news that US President Donald Trump may soften his tariff stance. The pan-euro Stoxx 600 index rose 0.67%, the DAX jumped 1.13%, and the CAC 40 climbed 1.08%.  In the year to date, Europe’s equity markets continue outperforming their US counterparts, with the euro Stoxx 600 gaining 8.9% and…

The development, which was announced by the White House on Tuesday, came after three days of talks in Riyadh, Saudi Arabia.

Crude oil prices jumped following US President Donald Trump’s announcement that he would impose 25% tariffs on Venezuela’s oil buyers. The West Texas Intermediate (WTI) futures at NYNEX rose 11% and the Brent futures at ICE were up 6.7% since their lows on 5 March.

The mass protests triggered by Ekrem İmamoğlu’s arrest come as the EU tries to deepen its engagement with Turkey over Syria and Ukraine.

A teenage boy and a Hamas leader were killed in the strike on the Nasser Hospital in Khan Younis, injuring multiple people and causing a large fire.

A weak and frail Pope Francis has left the hospital and has gone home to the Vatican after surviving a five-week, life-threatening bout of pneumonia. ADVERTISEMENTA motorcade carrying the 88-year-old pope wound its way through light Rome traffic Sunday morning. Before leaving Gemelli hospital, Francis gave a thumbs up and acknowledged the crowd after he was wheeled out onto the balcony overlooking the main entry. Hundreds of people had gathered on a brilliant Sunday morning to say goodbye.The Argentine pope, who has chronic lung disease and had part of one lung removed as a young man, was admitted to Gemelli…

Israeli strikes across the southern Gaza Strip killed at least 19 overnight into Sunday, including a senior Hamas political leader and several women and children.

Pope Francis will appear in public again on Sunday for a greeting and blessing to the faithful after the traditional Angelus Catholic prayer. The text will not be read by the Pontiff but only broadcast.