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ECB makes major new interest rate hike, in bid to combat inflation
The European Central Bank raised interest rates by 75 basis points and signaled further tightening ahead as it fights record inflation that is rapidly...
Russia warns West: We can target your commercial satellites
A senior Russian foreign ministry official said that commercial satellites from the United States and its allies could become legitimate targets for Russia if...
Xi says China can work with US before potential Biden meeting
Chinese President Xi Jinping said his nation is willing to work with the US to find ways to cooperate, comments that come before a...
Romania aims to amend local implementation plan of EU’s Resilience Facility
Romanian Prime minister Nicolae Ciucă officially informed the head of the European Commission, Ursula von der Leyen on Wednesday, that Romania wants the renegotiation...
EU urges members to coordinate arms purchases
The European Union urged the bloc's defence ministers on Wednesday to coordinate purchases of weapons, to obtain better terms from suppliers as they seek...
Germany to legalize purchase of up to 30 grams of cannabis
Germany will permit adults to purchase and possess up to 30 grams (a little over 1 ounce) of cannabis for recreational use, as the...
EU, US set up task force to resolve electric vehicle feud
The U.S. and the European Union have set up a task force tasked with resolving a dispute over electric vehicle batteries that the EU...
European gas rises as timelines for key EU crisis measures slip
European natural gas prices rose as timelines for some key EU measures to contain the energy crisis were pushed back further, according to Bloomberg.
Benchmark...
Romania plans to boost Black Sea talks, military procurement
Romania will speed up defence procurement and intensify talks with Turkey, Bulgaria and Georgia to counter potential spillovers from Russia's war in Ukraine towards...
New PM Rishi Sunak pledges to fix Britain’s many problems
Rishi Sunak on Tuesday became the U.K.’s third prime minister of the year following a meeting with King Charles III, pledging to restore trust,...