Government and politics
Europe wants to pour billions of dollars into its own defense companies — but market watchers say it may not be able to shut American firms out
New army recruits of the Bundeswehr, Germany’s armed forces, during basic training on Nov. 29, 2022 near Prenzlau, Germany. Sean Gallup | Getty Images As Europe plans to pour billions of dollars into defense, many regional leaders are pushing for the money to be spent locally — but some market watchers say it’s inevitable that […]
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U.K. expected to unveil more spending cuts amid troubled times for the economy
Britain’s Labour government will come under intense scrutiny on Wednesday, as Finance Minister Rachel Reeves prepares to update lawmakers on her spending and taxation plans and the nation’s economic outlook amid unsettling times for the U.K. Reeves is expected to announce billions of pounds worth of spending cuts as a way to close a budget […]
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Trump defends national security chief Waltz after Signal texts about Houthi strike sent to reporter
US President Donald Trump speaks to the press as he meets with NATO Secretary General Mark Rutte in the Oval Office of the White House in Washington, DC, on March 13, 2025 as, seated from L to R, Vice Presient JD Vance, Defense Secretary Pete Hegseth and National Security Advisor Mike Waltz. Mandel Ngan | […]
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Kremlin tight-lipped on ceasefire deal discussions with the U.S. — as Ukraine holds more talks
Russian President Vladimir Putin speaks with Kremlin spokesman Dmitry Peskov during a summit of leaders of nations, which are members of the Commonwealth of Independent States (CIS), in Moscow, Russia October 8, 2024. Sergei Ilnitsky | Via Reuters The Kremlin on Tuesday said that it would not disclose the content of ceasefire deal talks with […]
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Kremlin tight-lipped on ceasefire deal discussions with the U.S. — as Ukraine holds more talks
Russian President Vladimir Putin speaks with Kremlin spokesman Dmitry Peskov during a summit of leaders of nations, which are members of the Commonwealth of Independent States (CIS), in Moscow, Russia October 8, 2024. Sergei Ilnitsky | Via Reuters The Kremlin on Tuesday said that it would not disclose the content of ceasefire deal talks with […]
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Trump administration is reviewing how its national security team sent war plans to a magazine editor
U.S. Defense Secretary Pete Hegseth speaks next to President Donald Trump, in the Oval Office at the White House, in Washington, D.C., U.S., March 21, 2025. Carlos Barria | Reuters The White House said Monday it was reviewing how the editor-in-chief of The Atlantic magazine was accidentally added to a group text in which people […]
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Trump pledges auto, pharma tariffs in ‘near future,’ sowing more trade confusion
U.S. President Donald Trump, U.S. Secretary of State Marco Rubio and Tesla CEO Elon Musk attend a cabinet meeting at the White House, in Washington, D.C., U.S., March 24, 2025. Carlos Barria | Reuters President Donald Trump on Monday said he will soon announce tariffs targeting automobiles, pharmaceuticals and other industries, signaling his plans to […]
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Political and financial turmoil set to dominate Turkey, risking economic stabilization plans
Protesters clash with Turkish anti riot police as they use tear gas and water cannons during a demonstration following the arrest of Istanbul’s mayor, in Ankara on March 21, 2025. Adem Altan | Afp | Getty Images More than 1,100 people have been arrested in Turkey’s nationwide protests since demonstrations began on March 19, Turkish […]
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Turkish court jails Istanbul mayor Imamoglu pending trial
University student wave Turkish national flags as they gather in protest in Besiktas district in Istanbul on March 20, 2025 following Istanbul metropolitan Mayor Ekrem Imamoglu’s detention over a corruption probe. Ozan Kose | Afp | Getty Images A Turkish court jailed Istanbul Mayor Ekrem Imamoglu on Sunday pending trial on graft charges, state media […]
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CNBC Daily Open: Damage from tariffs and DOGE cuts is growing visible
A delivery rider passes by a Nike retail store on Dec. 29, 2024, in Chongqing, China. Cheng Xin | Getty Images News | Getty Images The Trump administration’s radical overhaul of the federal government and economic policy is bleeding into corporate earnings. Nike reported earnings Thursday, and cautioned that it expects sales in its current […]
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