Latest fromEuropean Union

Trump says tariffs ‘pain’ will be ‘worth the price’
Trump rejects claims of 'Dumbest Trade War in History', hits back about 'poisonous drugs'.

German customs seizes 90kg of unexpected item from woman's luggage
The traveller had not declared what was in her bag.

Boris Johnson brands Vladimir Putin a ‘f***ing idiot’ over imperial ambitions
The former PM also hit out at Germany and other Nato members.

Sales surge in 2024 for Chinese EV giant BYD
The firm is out to boost its overseas presence but still sells 90% of its cars in China.

‘Bad look’: NZ caught up in Cook Islands ship seizure controversy
Finns seize Cook Islands ship; NZ distances from sabotage link.

France, Italy in push to scrap 2025 car emission fines
Fining carmakers counterproductive and no good for EV transition, French minister says.

Syrian assets worth $190m frozen in Switzerland
But a 'hunt for Assad’s millions' does not seem to be in the offing for Swiss banks.

US disburses $34 billion Ukraine loan backed by profits from Russian assets
US says funds paid for by the windfall proceeds from Russia’s immobilised assets.

UK finance minister to meet EU counterparts in post-Brexit 'reset'
She's the first British chancellor to attend a Eurogroup meeting since the UK left.

Coffee futures hit 47-year high on global supply and EU law fears
Financial Times: Buyers ‘go into panic mode’ to secure high-quality arabica beans.

Analysis: How a 'rightfully traumatised' Nato can survive Donald Trump
Nato's new chief Mark Rutte aims to boost European defence spending to 2.5% GDP.

Nvidia earnings loom, stocks hesitant as traders brace
After post-election 'explosion', caution before major tech firm's results.

Ukraine slams German chancellor for calling Putin: 'Opening Pandora's box'
Zelenskyy hits out at German chancellor after he spoke with Russian leader.

US stocks hit record high after Donald Trump clinches victory
Financial Times: US dollar on course for best day in years as ‘Trump trades’ take off.

Netflix offices raided in Paris and Amsterdam over tax probe
Financial Times: Authorities swoop in long-running investigation.

Georgia election descends into chaos with both sides claiming victory
Two polls show an alliance majority while a third declares victory for ruling party.

Prince Harry and Meghan reportedly buy property in Portugal
New house may allow couple to gain a so-called Golden Visa to access EU’s Schengen area.

European carmakers plan dozens of cheaper models to survive ‘EV winter’
Financial Times: Manufacturers must sell more EVs to meet tough new EU carbon targets.

Germany expects economy to shrink in 2024 after cutting forecast
Financial Times: Skills shortage, red tape, infrastructure deficit hamper growth.

Anxious Europeans hoard savings as US consumers boost global economy
Financial Times: Eurozone sentiment splits from Americans' buoyant spending.

Apple must pay €13b in back taxes, top EU court rules
Financial Times: Court confirms Ireland provided ‘unlawful aid’ via tax deal.