Ursula von der Leyen
Europe looks to mobilize $840 billion in defense spending boost, EU Commission head says
President of the European Commission Ursula von der Leyen arrives to give a press conference on the “Defence package” at the EU Commission headquarters in Brussels on March 4, 2025. (Photo by Nicolas TUCAT / AFP) (Photo by NICOLAS TUCAT/AFP via Getty Images) Nicolas Tucat | Afp | Getty Images New plans from the European […]
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EU leaders prepare ‘concrete’ measures on defense financing, sources say
LONDON — The European Union is expected to announce “concrete” measures on boosting defense financing this week, sources told CNBC, as Europe and the United States clash over support for Ukraine. The 27 EU leaders will gather in Brussels on Thursday for a meeting dedicated to defense and support for Ukraine. It follows two particularly […]
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CNBC Daily Open: Europe pushes for a role in Ukraine’s peace talks
European officials attend extended Weimar talks on Ukraine at the Ministry for Europe and Foreign Affairs (Quai d’Orsay) in Paris on Feb. 12, 2025. Christophe Petit Tesson | Afp | Getty Images As the U.S. took a break (from wild overhauls in government policies and its bureaucracy), across the Atlantic, Europe was springing into action […]
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CNBC Daily Open: Europe wants a say in Ukraine peace plan
Germany’s Foreign Minister Annalena Baerbock (L) talks with High Representative for Foreign Affairs and Security Policy and Vice-President of the European Commission Kaja Kallas at the Ministry for Europe and Foreign Affair)in Paris, on Feb. 12, 2025. Christophe Petit Tesson | Afp | Getty Images As the U.S. took a break (from wild overhauls in […]
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As Europe ramps up defense spending talks, analysts name the stocks set to benefit
Global officials gathered in Munich, Germany, over the weekend for the Munich Security Conference, with talk focused on defense spending and the war in Ukraine. European officials appeared to signal a willingness to ramp up spending following pressure to do so from U.S. President Donald Trump. EU Commission President Ursula von der Leyen said defense […]
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Europe must take a stand when it comes to Ukraine’s future in NATO, foreign ministers say
(L-R) British Foreign Secretary David Lammy, French Foreign Minister Jean-Noel Barrot, Polish Foreign Minister Radoslaw Sikorski and German Foreign Minister Annalena Baerbock sit on the panel during the 61st Munich Security Conference (MSC) in Munich, southern Germany on February 15, 2025. Thomas Kienzle | Afp | Getty Images Europe is facing an “existential” moment in […]
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Bank stocks set to do ‘pretty well’ under Trump 2.0, investor says, naming his favorites
Investment bank stocks are set to benefit from the Trump presidency, according to investor Kingsley Jones, who said it was time for financials to “step up.” Speaking to CNBC’s Martin Soong, the Australian investor struck a bullish tone on the outlook for stocks as U.S. President Donald Trump’s second term gets underway. “Wall Street, in […]
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Trump’s steel tariffs could trigger broader trade war as EU threatens ‘proportionate countermeasures’
Ursula von der Leyen (CDU, r), President of the European Commission, stands in the plenary chamber of the European Parliament. Philipp von Ditfurth | Picture Alliance | Getty Images The European Union plans to retaliate against the United States for new steel and aluminum tariffs, adding another element to rising global trade tensions. “Unjustified tariffs […]
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Trump is fixated on Greenland — a vast Arctic island with massive resource potential
An aircraft alledgedly carrying US businessman Donald Trump Jr. arrives in Nuuk, Greenland on January 7, 2025. Emil Stach | Afp | Getty Images U.S. President-elect Donald Trump’s pursuit to acquire Greenland could well be motivated by critical minerals, with mining executives and researchers describing the island’s massive resource potential as an “enormous opportunity.” Trump’s […]
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‘Europe’s Detroit’ built a thriving car industry. Trump tariffs now threaten to unravel its success
Skoda Kodiaq automobiles on the production line at the Volkswagen AG plant in Bratislava, Slovakia, on Friday, Dec. 1, 2023. Bloomberg | Bloomberg | Getty Images A small landlocked country in the heart of Europe appears to be uniquely exposed to President-elect Donald Trump’s “America First” economic agenda. Nicknamed the “Detroit of Europe” due to […]
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