European markets fell further into the red on Friday afternoon, on the back of weak trade in the U.S., as investors overseas digested the hawkish rhetoric from Federal Reserve officials. This week, several Fed officials have commented on when might be the best time for the central bank to raise interest rates, especially as the […]
Chaotic scenes have erupted on the coastal Mediterranean frontier between Italy and France. On August 4, for instance, hundreds of migrants, chiefly from Eritrea, Ethiopia and the Sudan sought to storm the crossing in their attempts to make it to Northern Europe. “Both the Italian and French forces at the border were taken by surprise,” […]
Our increasingly divided and desperate European leaders are failing to deliver an effective collective response to the escalating refugee crisis. Instead of devising a strategy to protect those fleeing the barbarity of Assad, Islamic State (Isis) and the Russian air force, EU leaders are obsessed with devising a system to “stem the flow” – in […]
Have you noticed that migrants from the Middle East are pouring into Europe? And that this has plunged the continent into a political and social crisis? It seems impossible for Europe, with its stagnating economies and aging population, to integrate these migrants peacefully. Already, they have proved a political boon for far-right and far-left parties […]
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On Thursday, retailer Carrefour proposed raising its 2015 dividend by 2.9 percent to 0.70 euros a share after operating profit rose 2.4 percent to 2.445 billion euros ($2.68 billion), in line with a Thomson Reuters poll average of 2.45 billion euros, Reuters reported. Its shares were trading 3 percent lower on Thursday making it one […]
The west’s leading economic thinktank has provided backing for David Cameron’s pro-EU stance by warning that a UK vote to leave the union would cause lasting damage and would harm the rest of the world. Catherine Mann, the chief economist at the Organisation for Economic Co-operation and Development, said a no vote would be “bad […]
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“We are concerned about the situation in Europe,” he told CNBC. “If you look at the macroeconomics, they are expecting GDP (gross domestic product) growth of 1.6 per cent – which is rather low.” “Germany is doing well. The U.K., from a macro standpoint is doing extremely well. Less so in our own situation and […]
People gather around an U.S. Army 2nd Cavalry Regiment “Stryker” armored fighting vehicle in Bialystok March 24, 2015, which is a part of the U.S. military “Dragoon Ride” operation. (REUTERS/Marcin Onufryjuk Agencja Gazeta) BRUSSELS–In a move sure to anger Russia, NATO announced on Wednesday firm plans to deploy a significant number of troops into Eastern Europe. After a day […]
