European lawmakers are about to vote on a piece of legislation that critics say would significantly damage internet freedom. Parliamentarians in Strasbourg, France, will cast their votes on the European Union’s new copyright directive on Thursday. The regulation is an update to a 2001 directive on copyright, and is aimed at modernizing those rules for […]
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UK reels from second nerve agent poisonings, Russia denies involvement
Two U.K. citizens are critically ill in hospital after being exposed to the Novichok nerve agent — the same potentially lethal toxin that was used to poison former Russian spy Sergei Skripal and his daughter Yulia in March. The man and woman, both British and named in U.K. media reports as Charlie Rowley, 45, and […]
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Greek bonds are now safer for investors — and will only get safer, EU official says
Greek government debt has become more favorable to international investors thanks to a recent debt deal, and will only continue along this path, according to a key EU finance official. Greek bonds are often the first in the firing line during bouts of market turmoil. Yields — which have an inverse relationship to prices — […]
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US tariffs are a ‘necessary test’ to Europe’s economic recovery, top finance chief says
Higher trade tariffs might just be what the euro zone needs to check how its economy is actually performing after several years of promising growth, a high-ranked European official told CNBC. The 19-member region that shares the single currency has been growing at a gradual pace over the last two years following a sharp downturn […]
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US tariffs are an ‘unnecessary test’ to Europe’s economic recovery, top finance chief says
Higher trade tariffs coming from the U.S. are not what the euro zone needs right now following several years of a promising recovery, a high-ranked European official told CNBC. The 19-member region that shares the single currency has been growing at a gradual pace over the last two years following a sharp downturn due to […]
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European markets seen slightly lower ahead of US-Sino tariff deadline
European stocks are set to open slightly lower Thursday morning, with market players in a state of anxious uncertainty ahead of a U.S. deadline to impose tariffs on Chinese products. The FTSE 100 is seen 3 points lower at 7.563; the CAC is expected to open down around 1 point at 5,314 while the DAX […]
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Trump feels the heat on rising gas prices, demands oil cartel do more to 'reduce pricing now'
President Donald Trump issued a new demand for the world’s leading oil producing countries to stabilize oil markets, only days after the United States and Saudi Arabia discussed the possibility of the kingdom releasing more crude to dampen surging prices. On Twitter, Trump called on OPEC countries, fresh from a meeting in which they decided […]
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TRAVELLERS come in all different stripes. So it is generally not wise for the chief executive of a major airline to say something like this about a controversial presidential stance: “This policy and its impact on thousands of children is in deep conflict with [our] mission and we want no part of it.” But that […]
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IT USED to be said that America’s shale producers were the new “swing factor” in global oil markets. It turns out that role is being taken by America’s president. At a time when oil prices are at three-and-a-half-year highs, markets are being buffeted by three countervailing forces unleashed by President Donald Trump: his geopolitical agenda, […]
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Italy's old guard watches with concern as coalition government undoes reform efforts
Reform and debt reduction efforts in Italy are at risk of being undone by its new populist coalition government, the country’s former minister of economy and finance and Italy told CNBC on Wednesday. “It is essential that Italy continues the path of fiscal consolidation, putting debt on a clear declining path and at the same […]
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