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The Latest Breaking News from European Union

A Robusta Coffee Selloff Gives Some Relief to Roasters and Importers

European Commodities Weekly Summary 08 April 2025

Barchart

Markets Rise Despite China-US Tariff Clash

Stock markets regained some ground Tuesday, even as trade tensions between the United States and China were strained by turmoil over President Donald Trump's tariffs offensive.

International Business Times

MEPs reject renewed attacks on NGO funding in EU budget review

A parliamentary committee has voted down a raft of amendments from right-wing lawmakers seeking to incorporate sharp criticism of EU funding for non-governmental organisations into the discharge of the bloc’s 2023 budget.

Euronews

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Inaction from Brussels over the arrest of an opposition leader in Turkey may be a strategic mistake

The European Union faces a pressing problem as it decides how to handle another major slide towards autocracy in Turkey. So far, the signs are not good.

The Conversation

EU Commission to launch consultation on grand AI strategy

The Data Union Strategy will contribute to the European Commission’s AI Continent Action Plan, aimed at making the EU a leader on AI.

Euronews

Climate-hit citizens launch legal challenge against French state

Fourteen people in France – backed by major environmental groups – have taken legal steps against the government for failing to protect the population from the effects of climate change. It’s the first case of its kind in the EU focused not on reducing emissions, but on adaptation – the…

Radio France Internationale

Will citizens channel their savings to boost EU businesses?

The European Commission's proposal for a Savings and Investment Union wants citizens to also help EU companies grow. This episode discusses what it would take to make investing savings in financial products a win-win situation for everyone involved.

Euronews

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Porsche reports steep fall in orders from Europe and China

Just over 71,000 cars sold in first quarter as German manufacturer is silent on effect of US tariffs

The Guardian - UK

Stocks Surge on Trade Deal Hopes

The S&P 500 Index ($SPX ) (SPY ) today is up +2.79%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +2.69%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +3.29%. June E-mini S&P futures (ESM25 ) are up +2.80%, and June E-mini Nasdaq futures...

Barchart

Stocks Mixed After Early Surge

The S&P 500 Index ($SPX ) (SPY ) today is down -0.02%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.47%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.09%. June E-mini S&P futures (ESM25 ) are up +0.26%, and June E-mini Nasdaq futures...

Barchart

Turkey arrests 38 customs officers in graft probe at Europe's busiest land border

Arrest warrants were also issued for 350 people suspected of paying bribes.

Euronews

Big Tech probes non-negotiable in US trade talks, Brussels warns

Investigations into Big Tech and value-added tax will not be up for negotiation during trade talks with the United States, the European Commission has said.

Euronews

Von der Leyen discusses trade disruption with China amid tariff barrage

Amid escalating trade war with the US, the EU reached out to China on Tuesday in a telephone exchange between Ursula von der Leyen and Chinese Premier Li Qiang.

Euronews

EU drops plans to hit American bourbon with retaliatory tariffs

Drink removed from draft list after lobbying from whiskey-making Ireland and wine-producing Italy and France

The Guardian - UK

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Barchart

Stocks Sharply Higher on Hopes for US Trade Deals

The S&P 500 Index ($SPX ) (SPY ) today is up +3.05%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +3.01%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +3.39%. June E-mini S&P futures (ESM25 ) are up +3.04%, and June E-mini Nasdaq futures...

Radio France Internationale

EU struggles for defence independence as Trump turns up the heat on security

The European Union faces a formidable challenge in bolstering its defence capabilities without dependence on the United States, following President Donald Trump's persistent calls for Europe to shoulder a greater share of the burden. Meanwhile, transatlantic trade relations are deteriorating, as Trump imposes punitive tariffs that could potentially impact arms…

International Business Times

Major Trade Wars Since The 19th Century

As the world reels from US President Donald Trump's tariffs onslaught, here is a look back at some major trade wars since the 19th century: - 19th century Opium Wars - In the mid-19th century, two conflicts over the opium trade, which became known as the Opium Wars, pitted China…

The Guardian - UK

Reeves tries to soothe market jitters after sell-off driven by Trump tariffs

Wall Street rises after Treasury secretary says US can reach ‘some good deals’ with trading partners

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Evening Standard

Benn: NI gains from Windsor Framework will face consequences of US tariffs

Conservative former Northern Ireland secretary Sir Julian Smith said the Windsor Framework arrangements provide ‘a unique competitive advantage’.

The National (Scotland)

'Rip off': UK passports set to be among most expensive in Europe

UK residents are facing "rip off prices" for passports because of Brexit, the SNP have said, after research showed they are now some of…

Fortune

Trump tariffs could soften one of Europe’s most expensive housing markets—if tech workers face layoffs

Tech and pharma employees in Ireland are at risk from an escalating Trump trade war.

Euronews

Kallas warns Albania of complex reforms but says its future is in the EU

Brussels decided in 2020 to start full membership negotiations with Albania, and talks began last October on how the Western Balkan country aligns with the EU in its fundamental principles.

Euronews

Italy fines Roman Colosseum ticketing agencies €20m for practices that forced tourists to pay more

Ticketing agencies made it almost impossible to purchase standard-price entry to Italy's most popular tourist attraction.

Fortune

Markets will keep tanking until Trump tells them what it is he actually wants, Treasury’s Bessent reportedly tells president

President Trump is told to provide a road map to investors on how he intends to chart a way out of the tariff crisis he has unleashed before it spirals out of control.

The Independent UK

Voices: Whisper it, but UK plc is nearly ready for Trump’s new world order

COMMENT: With the US president showing no sign of backing down on tariffs, a global trade war looks likely – but, thanks in part to happy accidents, Britain could be well placed to ride it out, says Chris Blackhurst

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