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The French Ministry of Economy announced that the country’s projected public deficit for 2026 will exceed initial estimates but remain below 5 percent of GDP. The previous forecast, set at 4.6 percent, has been revised upward, though specific figures were

The Bank of England (BoE) announced its first interest rate cut of 2025 on Thursday, reducing the benchmark rate by 25 basis points to 4.5%. The decision, made amid concerns over sluggish economic growth, saw seven of the nine members

The European Commission has announced that Chinese e-commerce platforms Temu and Shein will be held accountable for the sale of unsafe or non-compliant products on their platforms. This move is part of the EU’s broader effort to curb the influx

Nvidia’s stock surged over 4% on Wednesday, rebounding from last week’s sell-off as concerns over China’s DeepSeek AI model failed to dampen Big Tech’s spending on artificial intelligence infrastructure. The stock’s rise follows Alphabet’s announcement of a planned $75 billion

Eleven people were killed in a mass shooting on Tuesday at Campus Risbergska, an adult education center in Örebro, Sweden, approximately 200 kilometers west of Stockholm. Among the deceased is the suspected gunman, a 35-year-old male whose identity has not

European Union leaders have pledged to increase defense spending and strengthen the continent’s defense industry in an effort to enhance security and reduce reliance on external powers. The commitment was made during an informal retreat at the Palais d’Egmont in

U.S. President Donald Trump has signaled impending trade tariffs on the European Union and the United Kingdom while hinting that a trade deal with Britain remains a possibility. His remarks, made during an interview with the media on Sunday, underscored

China has announced retaliatory economic measures against the United States following the implementation of 10% tariffs on Chinese imports by the administration of U.S. President Donald Trump. The new Chinese tariffs, set to take effect on February 10, include a

The European Union’s Artificial Intelligence Act (AI Act) officially came into force on Sunday, introducing a comprehensive regulatory framework to govern AI applications across its member states. The legislation, considered the world’s first major AI law, aims to balance technological

The South Korean won fell sharply against the US dollar on Monday, reaching its lowest point of the year amid growing concerns over the economic impact of new tariffs announced by US President Donald Trump. The decline reflects increased uncertainty