Only three days after President Trump announced sweeping tariffs, including a 20 percent tariff on goods from the European Union, Elon Musk said on Saturday that he hoped that Europe and the United States moved “to a zero-tariff situation, effectively creating a free-trade zone.” Mr. Musk made the remarks during a videoconference appearance with Italy’s…
British Prime Minister Keir Starmer and U.S. President Donald Trump shake hands during a joint press conference in the East Room at the White House, Feb. 27, 2025 in Washington, D.C., U.S. Carl Court | Via Reuters As countries around the world brace for the implementation of U.S. President Donald Trump’s trade tariffs and with…
SEIZED OZEMPIC, WEGOVY AND OTHER WEIGHT LOSS DRUGS AT JFK AIRPORT’S INTERNATIONAL MAIL FACILITY. CNBC COPENHAGEN, Denmark — Europe’s pharmaceutical sector is bracing for the potential impact of U.S. tariffs as hopes of an industry-wide exemption by U.S. President Donald Trump fade. The pharmaceutical industry has until now been exempt from trade levies, but Trump…
Hugh Schofield BBC News, Paris Reuters Marine Le Pen is awaiting a high-stakes verdict in a party funding trial France’s Marine Le Pen faces a make-or-break moment on Monday, as a judge rules on whether she should be banned from the next presidential election. The hard-right leader, who is ahead of all her rivals in…
Ukrainian President Volodymyr Zelensky has said he hopes the US will “stay strong” in the face of Russian demands to lift sanctions as a condition for a ceasefire in the Black Sea. Moscow said a maritime truce announced on Tuesday to allow safe passage for commercial vessels would only begin once Western restrictions on Russia’s…
Morgan Stanley’s Mike Wilson sees a meaningful rotation back into U.S. stocks, and he sees one beaten-up group as a winner. “It started out with a low-quality rally, which is what we expect – meaning a short squeeze,” the firm’s chief investment officer told CNBC’s “Fast Money” on Monday. “Then, what we noticed is the…
Ukrainian President Volodymyr Zelensky has said “we hope that we can finish this war this year” on the third anniversary of Russia’s full-scale invasion. But he warned that Ukraine needs security guarantees to prevent Moscow returning, suggesting EU and Nato membership will help. Russia has consistently opposed the idea of Ukraine joining Nato. Earlier, Zelensky…
Ukrainian President Volodymyr Zelensky has said “we hope that we can finish this war this year” on the third anniversary of Russia’s full-scale invasion. But he warned that Ukraine needs security guarantees to prevent Moscow returning, suggesting EU and Nato membership will help. Russia has consistently opposed the idea of Ukraine joining Nato. Earlier, Zelensky…
Cartons of eggs are displayed at a grocery store with a warning that limits will be placed on purchases as bird flu continues to affect the egg industry on Feb. 10, 2025 in New York City. Spencer Platt | Getty Images A Federal Reserve interest rate cut won’t be coming until at least September, if…
AFP US President-elect Donald Trump has threatened that “all hell” will break loose if the hostages are not released before he takes office The outline of the Gaza ceasefire and hostage release deal currently being discussed by Israel and Hamas at indirect talks in Doha has been on the table since May. So why is…
