German inflation stays unchanged at hotter-than-expected 2.8% in February
The February print compares to a 2.7% estimate from economists surveyed by Reuters.
Financial News
Trump threatens to slap 25% tariffs on EU, says bloc was always meant to hurt the U.S.
U.S. President Donald Trump threatened to impose 25% tariffs on imports from the European Union, claiming that the bloc was formed “to screw” the U.S.
Ukraine reportedly agrees to critical rare minerals deal with the U.S.
Ukraine and the United States reached an agreement over access to Kyiv’s deposits of rare earth minerals, according to media reports.
Markets relieved by German election result, but key industries remain mired in uncertainty
The outcome of the German election “has not resulted in a clear path to the constitution being changed to allow for a step change in government spending.”
Voters flock to political extremes in Germany as the centrist parties stumble
Both the far-right Alternative fuer Deutschland and the far-left Die Linke saw significant gains and were the most popular parties among young people.
Germans head to the polls in critical election with far-right gains expected
Germans are voting in the 2025 federal election on Sunday, with a leadership change all but guaranteed.
Battered and bruised after 3 years of war, Ukraine is up against the ropes as U.S. backing vanishes
Ukraine has put up a staunch fight against the invasion launched by its bigger and more powerful neighbor Russia, but things appear to be going horribly wrong.
Google, Meta execs blast Europe over strict AI regulation as Big Tech ups the ante
Executives at Google and Meta said that Europe’s artificial intelligence industry is being held back by excessive regulation.
Alibaba shares pop 11% in premarket after cloud unit, e-commerce growth push up quarterly profit
The Chinese titan posted a sharp profit hike in the December quarter amid ongoing strength in its Cloud Intelligence unit and growth in its e-commerce segment.
UK inflation leaps to higher-than-expected 3% in January
Economists polled by Reuters had expected a January reading of 2.8%.