IMF head Kristalina Georgieva, in her curtain-raiser ahead of the annual meetings of the World Bank and IMF, shared a statistic that we all feel innately: the World Uncertainty Index is now off the charts, hitting a level almost twice that during…
Category: 3. Europe
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How Europe is using taxes to slow down fast fashion
Did you know that making one cotton t-shirt uses around 2,700 litres of water, around the amount that a person drinks in three years? Fast fashion may offer cheap, on-trend clothes, but it also generates an annual 12kg of textile waste per…
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Madagascar’s crisis intensifies following dissolution of parliament
Madagascar’s President Andry Rajoelina dissolved the lower house of parliament on Tuesday, escalating a deepening political crisis after a military rebellion forced him to flee and go into hiding.
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MEP targeted by spyware files complaint against Hungary’s Viktor Orbán – POLITICO
The complaint gives details about an email that someone claiming to be a Ukrainian student sent to Freund’s parliamentary email address at the end of May 2024. The message asked the MEP to write a short message in which he would share his “beliefs concerning the accession of Ukraine to…
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Gold hits fresh record, European stock markets rise after Fed comments
The Federal Reserve chair’s tentative support for more rate cuts gave a boost to markets on both sides of the Atlantic, despite trade tensions between Washington and Beijing.
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German conscription plan stalls after defense minister’s objections – POLITICO
The surprise development marks a sudden reversal for the coalition, which had planned to introduce the bill for debate in the Bundestag this week. It now remains unclear when — or if — the government will move ahead with a revised version.
The draft law was designed to strengthen…
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