Lagarde said the ECB’s rate cut reflected confidence in disinflation and rising growth risks from tariffs, which are set to weigh on demand. The bank dropped its “restrictive” stance and stressed a data-driven, flexible approach.
Category: 3. Europe
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ECB's Lagarde: Trade tariffs are a negative shock for the eurozone
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Clean energy from rain? Scientists generate electricity from falling droplets
Rain could one day become a source of clean electricity, according to a group of scientists in Singapore.
Their experiments have been able to generate power from water droplets falling through a tube.
They say this could be a model for harnessing larger amounts of electricity from…
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Russia's top court removes terrorist designation on Afghanistan's Taliban
Russian officials have recently emphasised the need to engage with the Taliban to “help stabilise” Afghanistan.
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OpenAI could be launching a social media platform to compete with Elon Musk’s X – reports
The platform would be based on ChatGPT’s image-generation feature, which caused a trend in reproducing Studio Ghibli alikes, reports citing company insiders say.
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Floating homes and Michelin meals: This new cruise promises a permanent holiday
If you’ve ever lamented that your holiday is over too soon, one cruise line has an enticing offer – if you have a few million euros to spare, that is.
Newly launched Crescent Seas, founded by former Norwegian Cruise Line Holdings chairman Russell Galbut, is offering “floating…
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On thin ice: Why this legendary Dutch skating race may never happen again
In the 20th century, the Elfstedentocht could be expected to take place every four to five years.
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Meet Toby Binder: The German photographer capturing the lives of Belfast’s divided youth
In the heart of Belfast, where many of the peace walls that once divided communities still stand, German photographer Toby Binder has focused his lens on the daily life of a new generation growing up in the shadow of the Troubles.
“Most of the kids I photographed were born after the…
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European diplomats targeted by Russian phishing campaign promising fancy wine tasting
- Security researchers spotted a new phishing campaign targeting diplomats in Europe
- The targets are invited to an upmarket wine tasting event
- However the emails distribute a new loader called GRAPELOADER
Russian scammers are using diplomats’ love…
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Hermès leaves wealthy clients to pay for cost of Trump tariffs
Hermès revealed during a call with analysts on Thursday that it would be increasing prices for American customers in order to offset the US’ 10% tariffs on EU goods.
These hikes, set to come into effect from 1 May, are expected to help the company protect its margins and fully…
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Why Trump is Europe’s accidental city-builder – POLITICO
At the height of World War II, Adolf Hitler dreamed of developing rockets that could destroy American cities. It’s an irony of history that he not only failed to achieve this, but inadvertently helped shape the modern-day U.S….
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