The European Union is pushing forward with its digital euro project, with officials now exploring the use of public blockchains such as Ethereum and Solana as potential platforms. The move reflects growing urgency to secure the euroโs role in the digital economy as stablecoins and regulatory advances in the United States threaten to reinforce the dollarโs dominance. Why the EU …
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Sweden urges EU to halt Israel trade deal
On Thursday, Swedish Prime Minister Ulf Kristersson made a strong appeal to the European Union, calling for the suspension of the trade component in its association agreement with Israel. The request stems from mounting concerns about Israelโs actions in Gaza, which Sweden says violate fundamental humanitarian obligations. Kristersson, writing on social media platform X, described the conditions in Gaza as …
Read More »Iran and European Powers Launch Nuclear Talks in Turkey
A renewed effort to salvage diplomatic momentum around Iranโs nuclear ambitions got underway Friday, as Iranian officials met with envoys from the United Kingdom, France, and Germanyโcollectively known as the E3โat Iranโs consulate in Istanbul. This marks the first formal round of discussions since the violent escalation between Iran and Israel in June, which also involved U.S. airstrikes on Iranian …
Read More »EU Leaders Meet to Tackle Russia Sanctions, US Tariffs, and Mideast Tensions
European Union leaders are convening in Brussels on Thursday for a high-stakes summit focused on sanctions against Russia, managing transatlantic trade tensions, and addressing escalating instability in the Middle East. The meeting gathers all 27 heads of state and government from the EUโs member countries and comes directly after a NATO summit where increased defense commitments were agreed upon. Post-NATO …
Read More »Trump Doubles US Steel and Aluminium Tariffs to 50%, Spares UK for Now
U.S. President Donald Trump has signed an executive order doubling existing import tariffs on steel and aluminium products from 25 percent to 50 percent. The measure, which takes effect on June 5, intensifies a series of ongoing trade disputes and places new pressure on global supply chains and diplomatic relations. The revised tariffs, enacted under national security provisions in Section …
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