Europe's inflation falls to a two-year low. It offers confidence, but rising oil prices are imminent.

Inflation, which has been a problem for Europeans, fell sharply in September to the lowest level in two years, strengthening hopes that consumers will get relief from costlier groceries, vacations, and haircuts - and that the European Central Bank won't have to further restrict the economy by...

The European Central Bank raises interest rates by a quarter percentage point and predicts that inflation will remain 'too high for too long'

The European Central Bank announced a new quarter-point rate increase on Thursday, bringing its key rate to 3.75 percent.

The most recent action concludes a full year of consecutive rate increases in the euro zone, which the ECB began in July to combat high inflation.

"In...

Germany discusses siestas while Europe struggles with increasing temperatures.

Germany is debating the necessity of siestas as a European heatwave raises temperatures and generates dire health warnings.

As record-breaking temperatures are recorded across southern Europe, concerns of death and heart attacks are growing.

Bavaria recorded the country's ...

Macron of France and Juncker of the European Union have asked China to mediate the conflict in Ukraine.

On Thursday, two of Europe's most powerful political figures met with Chinese President Xi Jinping, at a time when relations between the European Union and China are at a critical juncture.

During trilateral and bilateral meetings following a military parade, French President Emmanu...

Dollar gains ground as attention shifts to inflation in Europe

Following unfavorable surprises in Germany, France, and Spain that gave the euro a boost this week, the dollar took a breather in Asia on Thursday, stabilizing as U.S. yields increased and investors awaited European inflation data. The dollar's 0.9% loss against the euro on Wednesday was the ...

In joining the US subsidy race, Europe risks ushering in a new era of protectionism.

Joe Biden's clean technology law has dragged the European Union into a subsidy battle that might spark a transatlantic trade war, just as the allies are banding together to counter Russia's invasion of Ukraine. The EU has consistently maintained the global rules-based system, even as the ...

After Powell's remarks, European stocks hit a nine-month high, as the dollar wobbles.

On Wednesday, global stocks soared and most currencies rallied against the dollar as investors perceived a dovish tone in comments from Federal Reserve Chair Jerome Powell, albeit an ECB policy change meant European bonds sat out the rally. MSCI's world stock index increased 0.3%, returning t...

Europe risks ushering in a new era of protectionism by joining the US subsidy race.

Joe Biden's clean technology law has drawn the European Union into a subsidy battle that might spark a transatlantic trade war, just as the allies are banding together to counter Russia's invasion of Ukraine. Even as the US has grown increasingly antagonistic to the limits imposed by the ...

In the midst of a corruption investigation, the EU leader warns there will be "no impunity."

After Belgian police charged a senior MEP with corruption, the president of the European Parliament cautioned members Monday that suspected bribery by a foreign power constituted an attack on democracy, stressing that MEPs would enjoy "no impunity" in the corruption inquiry.

&...

Korea intends to minimize its reliance on China for exports by looking to the Middle East, America, and the European Union

According to nine economy-related ministries on Wednesday, the government would make every effort to fine-tune export plans as part of a larger objective of bolstering Korea's trade balance, which is exhibiting symptoms of a larger-than-expected deficit.

Among the goals are to boost...

FIFA and Qatar have been 'rattled' as the European World Cup boycott gains momentum.

The massive banners have become a common sight at German Bundesliga games.

"Boycott Qatar 2022" has become a rallying cry for teams, supporters, and players alike who oppose this month's World Cup and want to highlight human rights and environmental concerns in the host na...

The mobility and migration of professionals and students are topics of discussion between India and the European Union

The Ministry of External Affairs (MEA) of India and the European Union said on Friday that they have discussed methods to promote the free flow of skilled workers, students, and professionals between the two regions.

The 6th High Level Dialogue on Migration and Mobility (HLDMM) between ...

France says it will no longer be a party to a contentious energy accord

France announced its withdrawal from a contentious energy deal on Friday, joining a growing list of European nations that have done so on the grounds that it is incompatible with the Paris climate accord.

On the margins of the European Council conference in Brussels, President Emmanuel ...

Nord Stream 1 has been shut off by Russia. What does it mean for the EU

The Nord Stream 1 pipeline was first stopped for upkeep. The West's sanctions, according to Russia, are the reason it has been stopped.

Russian officials shutting down a vital gas pipeline to Europe is evidence, in the eyes of EU officials, that the Kremlin is weaponizing energy sup...

In August, yearly inflation in the Eurozone reached a record 9.1%

With an increase in energy costs mostly resulting from Russia's conflict in Ukraine, the eurozone's inflation rate in August reached a new high of 9.1%.

According to the most recent statistics made public on Wednesday by the European Union statistics office Eurostat.

T...

Russia being answerable to European Union for Rocket Terror

On Thursday European Union denounced Russia for its fatal attack on a Ukrainian train station and that anyone "responsible for Russian rocket terror will be held accountable."

As the death toll from the Chaplyne strike reached 25, EU foreign policy chief Josep Borrell tweeted,...

Strong Ties With EU

Shehbaz Sharif, the Prime Minister of Pakistan, said on Thursday that his nation anticipates a stronger degree of engagement between the two organisations in the years to come. He made this statement during a meeting with Chinese Premier Li Keqiang. He emphasised the need of maintaining high-leve...

Munich 2022

According to European Championships Management (ECM), all nine of the sports that are being contested for in the Munich 2022 European Championships, which started today, will be shown for free on television in Ukraine. These championships are being held in Munich in 2022. This is being done "...

EU Probes Greek Leader's Wiretapping

The European Commission has demanded that the troubled Greek Prime Minister Kyriakos Mitsotakis, who is attempting to distance himself from the news that a rival politician and journalist were being surveilled, increase the pace of an investigation into how things transpired. Mitsotakis is trying...

Europe must commit fully to diversifying its oil and gas sources

Energy-related decisions made in the past by Berlin and Brussels were terrible decisions that made Europe more reliant on Russian gas. Through this dependence, the Kremlin has been able to persuade certain countries—and occasionally the European Union (EU) as a whole—to support develo...