NATO's air surveillance is getting a makeover. The Netherlands and other European allies have decided not to go ahead with buying six Boeing E-7 Wedgetail aircraft. This plan was meant to replace the old Boeing E-3A AWACS fleet. The U. S. pulling out of the program earlier this year made this decision inevitable. The E-3A aircraft, which have been in service since t...
The world is on edge as Serbian President Aleksandar Vucic warns of a possible war between NATO and Russia. He says Europe is quickly building up its military power, calling it "defense, " while Russia is getting ready for war. Countries like Finland, Poland, and Romania are spending a lot more on their military, ignoring Russia's attempts to talk things out. This is...
Ukraine is getting a big financial helping hand to keep its energy and water systems running smoothly. The European Investment Bank (EIB) and Naftogaz, Ukraine's main energy company, have just signed a deal to provide hundreds of millions of euros. This money is crucial because Russia's attacks on Ukraine's infrastructure have caused a lot of damage. The EIB is givi...
Spain's Balearic Islands are seeing a lot more migrants arriving by boat. In just two days, 19 boats brought around 360 people to the islands. This is part of a bigger trend. More people are taking the Western Mediterranean route to Europe. This route goes from Algeria to Spain. It's become the fastest-growing way into the European Union. The number of people taking...
In a surprising move, Taiwan's Vice President, Hsiao Bi-khim, recently traveled to Belgium. She addressed lawmakers at the European Parliament. This visit is part of Taiwan's growing efforts to connect with Europe. Normally, Taiwan's top officials don't make such high-profile trips. This is because China often reacts strongly to these visits. Taiwan and China have a...
A meeting between President Trump and Hungarian Prime Minister Viktor Orban is set for Friday. It's expected to be a friendly chat between two leaders who often disagree with their European partners on Russia's actions in Ukraine. But there's a big issue on the table: U. S. sanctions on Russia's top energy companies. Hungary relies heavily on Russia for its energy n...
Germany's top leaders are now pushing for a new kind of loyalty to European products. They want to protect their steel industry from tough competition. This is a big shift from their usual stance on free trade. Chancellor Friedrich Merz and Finance Minister Lars Klingbeil recently met with steel producers, state representatives, and union leaders. They discussed how...
Marcus Lindberg is making waves in the finance world. He's not just any expert; he's a guy who knows how to mix school smarts with real-world money moves. Right now, he's leading the charge at WEDGE Capital Management, helping them use AI to make better investment choices. Lindberg didn't just wake up one day and become a finance guru. He worked hard for it. He stud...
The transatlantic slave trade was a dark chapter in history. From 1450 to 1888, European nations forcibly transported 12-15 million Africans across the Atlantic. This brutal system fueled Europe's industrial growth and colonial expansion. Yet, when slavery ended, the focus was on compensating slave owners, not the enslaved. In 1833, Britain paid £20 million to 46, 0...
Europe's energy policies are like a big puzzle. Each piece, like climate rules or energy costs, affects the economy in different ways. For example, stricter climate rules can boost new green tech, but they can also make energy more expensive. This can slow down economic growth and raise unemployment rates. Energy prices are a big deal. They can either help or hurt r...