Ursula von der Leyen
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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Trump takes a rare break from social media after election win
Republican presidential nominee, former U.S. President Donald Trump arrives to speak with former first lady Melania Trump during an election night event at the Palm Beach Convention Center on November 06, 2024 in West Palm Beach, Florida. Chip Somodevilla | Getty Images Donald Trump has never been shy about touting his accomplishments. Yet after achieving what is […]
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Europe praises Trump’s victory amid wider fears of an impending economic nightmare
Donald Trump (L), President of the USA, and Emmanuel Macron, President of France, join hands during the final press conference of the G7 Summit on 26 August 2019, in Biarritz, France. NurPhoto | NurPhoto | Getty Images European officials have been quick to congratulate Donald Trump after he defeated his Democratic rival Kamala Harris to […]
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‘A huge victory’: World leaders react as Trump secures White House return
Former US President Donald Trump (L) shakes hands with Israeli Prime Minister Benjamin Netanyahu (R) as they pose for a photo within their meeting at Mar-a-Lago estate, in Palm Beach, Florida, United States on July 26, 2024. Amos Ben-Gershom | Anadolu | Getty Images A flurry of world leaders on Wednesday sent their congratulations to […]
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Breton says he is stepping down as France’s EU commissioner, citing spat with von der Leyen
Thierry Breton Thierry Monasse | Getty Images News | Getty Images French European Commissioner Thierry Breton on Monday said he would step down as a member of the EU executive body over a rift with Commission President Ursula von der Leyen, alleging that she had asked Paris to withdraw his candidacy. Von der Leyen is […]
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Europe’s economy survived ‘terrible prophecies’ but must now tackle trade with China: EU’s Gentiloni
The European Union has successfully avoided the “terrible prophecies” that threatened its economy in recent years, but must still contend with Russia’s war in Ukraine and a tenuous trade relationship with China, outgoing European Commissioner for Economy Paolo Gentiloni said Saturday. The bloc’s economy underwent “overall a weak growth, but nothing of the terrible prophecies […]
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‘Russia has to pay’: G7 taps Moscow’s frozen assets in support of Ukraine
A simple principle underpins a contentious Thursday decision by the U.S. and key allies to tap profits from Russian sovereign assets in support of Ukraine: Moscow must make reparations. “Russia has to pay,” European Council President Charles Michel told CNBC’s Steve Sedgwick, after the leaders of the Group of Seven (G7) major democracies agreed in […]
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Europeans may be about to elect their most right-wing parliament in history
The 2024 European Parliament elections threaten to shake the bloc’s traditionally mainstream political landscape. Sean Gallup | Getty Images Europeans head to the polls this week in closely watched elections that threaten to shake the bloc’s traditionally mainstream political landscape. From June 6 to 9, around 400 million people across the EU’s 27 member states […]
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China is engaged in ‘deliberate’ initiatives to undermine the U.S. and Europe, suggests EU envoy Gitenstein
Mark Gitenstein, the U.S. ambassador to the EU, stated China is deliberately distorting marketplaces with a glut of low cost products. Speaking to CNBC’s Silvia Amaro on Tuesday, Gitenstein explained China was “engaged in a deliberate energy to undermine financial sectors in both of those Europe and the United States.” The Chinese Embassy in London […]
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